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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (9063)10/28/1999 11:57:00 AM
From: Mohan Marette  Read Replies (1) of 12475
 
ICICI (NYSE-ICD) Q2 net rises

icici.com

Thursday October 28, 7:58 am Eastern Time

BOMBAY, Oct 28 (Reuters) - Three months to September 30
(in million rupees unless stated)



Net profit 2,778.2 vs 2,490.3
Net operating income 20,513.6 vs 17,893.5

Other income 74.4 vs 100.8
Interest expenses and
other operating expenses 15,023.1 vs 13,060.4
Depreciation on
leased assets 778.9 vs 859.3
Other depreciation 30.3 vs 48.8
Bad and doubtful debts 891.8 vs 543.6
General provision against
sub standard assets 119.5 vs 298.6
Other expenses 646.2 vs 448.3
Tax 320.0 vs 245.0


Results for the six-months ended September 30
.(Figures in rupees million)

Net profit 5,400 vs 5,070
Fund based income 37,160 vs 32,790
Interest and depreciation 31,140 vs 26,970
Fees and commissions 1,390 vs 1,250
Net income from investments 1,780 vs 940
Other income 110 vs 150
Operating expenses 1,410 vs 1,040
Provisions and write-offs 1,900 vs 1,530
Tax 590 vs 520

Note - ICICI is a financial firm.
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