ICICI Bank June quarter net up 21 pc

The bank had a net profit of Rs 728.01 crore in the June quarter of last fiscal, the bank said in a filing to the National Stock Exchange.

Interest income during the quarter fell 9.61 per cent to Rs 7,133.44 crore, from Rs 7,891.80 crore in the same period last fiscal.

Interest expenditure was also dipped to Rs 5,148.18 crore during the June quarter, down 11.27 per cent from Rs 5,802.05 crore in the corresponding period a year ago.

On a consolidated basis, the bank's profit after tax increased 68 per cent to Rs 1,035 crore, from Rs 617 crore in the year-ago period.

Current and savings account (CASA) ratio increased to 3O.4 per cent at June 30, from 2 7.6 per cent at the end of Q1 FY'09.