Q1 2005 · NSE · Apr 30, 2005
ICICIBANK Net Income Jumped 63%. So Did the Share Count — By a Fifth.
ICICI Bank's fiscal 2005 annual report shows consolidated net income up 63% to Rs. 853 crore, but EPS grew only 38% after the bank issued 19.6% more shares in a Rs. 3,250 crore capital raise. That capital funded a retail-lending pivot that pushed consumer loans and credit cards to 49% of the gross loan book, from 39% a year earlier.