*ICICI Bank* posted a considerable rise of 39.29% in *consolidated* net
profit of Rs 15,597.6 million for the quarter ended Dec. 31, 2008 as
compared to Rs 11,198.2 million in the corresponding quarter the previous
year.

The bank`s total Income rose 8.11% from Rs 156,533.1 million for the quarter
ended Dec. 31, 2007 to Rs 169,227.3 million for the quarter under review.

The company reported a marginal rise in *standalone* net profit for the
quarter ended December 2008. During the quarter, the profit of the bank rose
3.41% to Rs 12,721.50 million from Rs 12,302.10 million in the same quarter
previous year.

Interest earned declined marginally 0.96% to Rs 78,361.80 million, while
total income for the quarter rose marginally 0.12% to Rs 103,506.20 million,
when compared with the prior year period.

The bank reported earnings of Rs 11.42 a share during the quarter,
registering 3.16% growth over prior year period.


  *Quarterly Results - Standalone (Rs in mn)*
 *As at*
 *Dec - 08*
 *Dec - 07*
 *%Change*
 *Interest Income*
 78,360.80
 79,117.70
 (0.96)
 *Net Profit*
 12,721.50
 12,302.10
 3.41
 *Basic EPS*
 11.42
 11.07
 3.16

B.Karthick
Research Analyst
www.kences1training.blogspot.com

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