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Non-Tech : ICICI Ltd - (Nyse: IC)

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To: Mohan Marette who wrote (43)1/28/2000 9:51:00 AM
From: Mohan Marette  Read Replies (1) of 494
 
TABLE-ICICI Q3 net rises

January 28, 2000 04:18


BOMBAY, Jan 28 (Reuters) - Three months to December 31,
1999
(in million rupees unless
stated)
Net profit 2,710 vs 2,130
Net profit before
extraordinary gains 2,520 vs 2,130
Net income from
operations 5,370 vs 3,920

Fund based income 21,160 vs 17,730
less: interest and
depreciation charges 16,450 vs 14,310
Net fund based income 4,720 vs 3,420
add: fees and commission 650 vs 500
Net income from
operations 5,370 vs 3,920
less: operating expenses 720 vs 520
Profit from operations 4,640 vs 3,410
add: other income 40 vs 70
Profit before provisions and
taxes 4,690 vs 3,480
less: provisions and write-offs 1,890 vs 1,140
for loans and debentures 1,350 vs 880
for investments 540 vs 260
Profit before taxes 2,800 vs 2,340
less: provision for taxes 270 vs 210
add : extraordinary gains 190 vs -

------------------------------------------------------------
Results for the nine months ended December 31, 1999
Net profit 8,110 vs 7,210
Net profit before
extraordinary gains 7,920 vs 7,210
Net income from
operations 15,130 vs 11,920
Fund based income 60,670 vs 51,450
less: interest and
depreciation charges 47,590 vs 41,280
Net fund based income 13,080 vs 10,170
add: fees and commission 2,050 vs 1,750
Net income from
operations 15,130 vs 11,920
less: operating expenses 2,140 vs 1,560
Profit from operations 12,990 vs 10,360
add: other income 150 vs 590
Profit before provisions and
taxes 13,140 vs 10,950
less: provisions and write-offs 4,350 vs 3,020
for loans and debentures 3,240 vs 2,410
for investments 1,110 vs 610
Profit before taxes 8,790 vs 7,930
less: provision for taxes 870 vs 720
add : extraordinary gains 190 vs -

Note: ICICI Ltd is a financial services firm. The results
are as per the Indian GAAP. It said other income in the
nine-month period of the previous year includes profit on
account of repurchase of foreign currency bonds of 380 million
and 450 million respectively.

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