ICICI Bank today reported a 31.21% increase in net profit at Rs 580.05 crore for the second quarter ended September 30, 2005 as against Rs 442.08 crore in Q2FY05.According to a release issued by the bank to the BSE today, total income increased to Rs 4,324.86 crore in Q2FY06 from Rs 3,065.92 crore in Q2FY05.The board also cleared a proposal to raise additional equity capital by way of a public issue of shares in India and an issue of American Depositary Shares (ADSs) in the United States. "The capital raising is expected to be around Rs 7,000 crore ($1.6 billion) with a greenshoe option of 15%," the release added.
