Country's largest private sector lender ICICI Bank today reported a 16.85% rise in consolidated net profit to Rs 1,567.93 crore for the quarter ended March 31, 2011.
The bank's net profit stood at Rs 1,341.8 crore in the corresponding period of the previous fiscal, 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 FY12 from Rs 16,212.02 crore in the corresponding period a year ago, the filing said.
For the entire fiscal, consolidated net profit of the bank increased by 30.46% 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, 2011 against Rs 12 in the previous year, it said.
