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ICICI Bank Q2 net profit increases

ICICI Bank has reported profit after tax of INR10.4 billion, or INR9.30 per diluted share, for the second quarter ended September 30, 2009, compared to INR10.14 billion, or INR9.09 per diluted share, for the second quarter of the previous year.

For the second quarter of fiscal 2010, total income was INR84.8 billion, compared to INR9.71 billion for the same quarter of the prior year. Operating profit was INR24.35 billion, compared to INR22.84 billion for the prior-year period.

For the first half of fiscal 2010, net profit was INR19.18 billion, or INR17.17 per diluted share, compared to INR17.42 billion, or INR15.6 per diluted share, for the same period of the previous year. Total income was INR177.04 billion, compared to INR191.42 billion for the first half of the prior year. Operating profit was INR49.64 billion, compared to INR39.99 billion for the prior-year period.

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