ICICI Bank Q1 net up at Rs 530 crore

ICICI Bank has posted a 23 per cent rise in its net profit at Rs 530.01 crore (Rs 5.3 billion) for the first quarter ended June 30, 2005 as against Rs 430.74 crore (Rs 4.3 billion) for the same quarter in 2004-05.

The total income for the reporting quarter rose to Rs 4,088 crore (Rs 40.88 billion) from Rs 2,853.49 crore (Rs 28.53 billion) in April-June 2004,

ICICI Bank spokesperson said in Mumbai.