ICICI Bank Q1 net up 25 percent

ICICI-BankMumbai, July 31 : ICICI Bank's net profit increased 25 percent for the first quarter (April to June) of fiscal 2013-14, the country's second largest lender informed the Bombay Stock Exchange (BSE) Wednesday.

The standalone profit after tax of the bank increased to Rs. 2,274 crore in the first quarter of 2013-14 from Rs. 1,815 crore during the corresponding quarter of 2012-13.

It clocked net interest margin of 3.27 percent during the first quarter of the current fiscal compared to 3.01 percent during the corresponding quarter last fiscal. (IANS)