ICICI Bank results out, fourth quarter net up 17% at Rs 1,567 cr

Country's largest private sector lender ICICI Bank on Thursday reported a 16.85 per cent rise in consolidated net profit to Rs 1,567.93 crore for the quarter ended March 31.

The bank's net profit stood at Rs 1,341.8 crore in the corresponding period of the previous financial year, ICICI Bank said in a filing to the Bombay Stock Exchange.

Besides, total income of the bank rose to Rs 18,178.99 crore in the fourth quarter of 2011-12 from Rs 16,212.02 crore in the corresponding period a year ago, the filing said.

HOW THE OTHERS FARED: Axis Bank Q4 net up 33.5 per cent Yes Bank net up 45%, offers 25% dividend HDFC Bank net jumps 33%, okays 1:5 stock split IndusInd Bank Q4 net soars 75%

For the entire financial year, consolidated net profit of the bank increased by 30.46 per cent to Rs 6,093.27 crore, against Rs 4,670.29 crore in 2009-10, it added.

The Board of Directors has recommended a dividend of Rs 14 per share for the year-ended March 31, against Rs 12 in the previous year, it said.