Country's second largest lender ICICI Bank reported a 20.2% jump in net profit for the quarter ended December 2011 at Rs 1,728 crore as against Rs 1,437 crore in the same period a year ago.
Net interest income also increased 17.3% to Rs 2,712 crore in December 2011 from Rs 2,311 crore in December 2010.
Gross net performing assets too improved to 3.82% versus 4.14% a year ago.
However, provisions fell 26.5% to Rs 341 crore from Rs 464 crore in December 2010.
The bank's stocks were trading at Rs 890 apiece, trading 4.5% up, on Bombay Stock Exchange at 1315 hours.
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