ICICI Bank standalone PAT at Rs.11,175 crore
Author(s): City Air NewsICICI Bank standalone PAT at Rs.11,175 crore, crosses Rs 10,000 crore mark, A 14% y-o-y increase in FY15. The Board recommends a dividend of Rs. 5 per equity share (on FV of Rs. 2 each). Highlights: - 14%...
ICICI Bank standalone PAT at Rs.11,175 crore, crosses Rs 10,000 crore mark, A 14% y-o-y increase in FY15. The Board recommends a dividend of Rs. 5 per equity share (on FV of Rs. 2 each).
Highlights:
- 14% year-on-year increase in standalone profit after tax to Rs.11,175 crore (US$ 1.8 billion) for the year ended March 31, 2015 (FY2015) from Rs. 9,810 crore (US$ 1.6 billion) for the year ended March 31, 2014 (FY2014)
- 11% year-on-year increase in consolidated profit after tax to Rs.12,247 crore (US$ 2.0 billion) for FY2015 from Rs. 11,041 crore (US$ 1.8 billion) for FY2014
- 10% year-on-year increase in standalone profit after tax to Rs.2,922 crore (US$ 468 million) for the quarter ended March 31, 2015 (Q4-2015) from Rs. 2,652 crore (US$ 424 million) for the quarter ended March 31, 2014 (Q4-2014)
- 25% year-on-year increase in retail advances at March 31, 2015
- Year-on-year growth of 15% in current and savings account (CASA) deposits; CASA ratio at 45.5% at March 31, 2015
- Net interest margin improved to 3.48% in FY2015 compared to 3.33% in FY2014; Q4-2015 NIM at 3.57%
- Total capital adequacy of 17.02% and Tier-1 capital adequacy of 12.78% on standalone basis at March 31, 2015 as per Reserve Bank of India’s guidelines on Basel III norms
- Dividend of Rs. 5 per share proposed
Date:
Monday, April 27, 2015