Annual Report 2004 of ICICI Bank

It is a broadly described annual report of ICICI Bank in the year of 2004. Income tax expense amounted to Rs. 2.65 billion in fiscal 2004 compared to a net credit of Rs. 4.26 billion in fiscal 2003. ICICI Bank’s total assets increased 17.2% to Rs. 1,252.29 billion at 31st March 2004 from Rs. 1,068.12 billion at 31st March 2003. During the financial year, The Bank’s operating profit before provisions increased 71.9% to Rs. 23.72 billion in fiscal 2004 from Rs. 13.80 billion in fiscal 2003. In fiscal 2003, ICICI Bank made additional/accelerated provisions of Rs. 16.86 billion against loans and investments, primarily relating to ICICI’s portfolio. Profit after provisions and tax increased 35.7% to Rs. 16.37 billion in fiscal 2004 from Rs. 12.06 billion in fiscal 2003. Return on average equity increased to 21.8% in fiscal 2004 from 18.3% in fiscal 2003. Net interest income increased 32.0% to Rs. 18.79 billion in fiscal 2004 from Rs. 14.24 billion in fiscal 2003. Total non-interest income excludes capital gains of Rs. 11.91 billion realized in fiscal 2003. Other income increased by 13.2% to Rs. 1.54 billion for fiscal 2004 compared to Rs. 1.36 billion for fiscal 2003.

The Board of Directors has recommended a dividend rate of @75% (Rs. 7.50 per equity share of Rs. 10) for the year 2004.

More Annual Report of ICICI Bank:

  1. Annual Report 2003 of ICICI Bank
  2. Annual Report 2004 of ICICI Bank
  3. Annual Report 2005 of ICICI Bank
  4. Annual Report 2006 of ICICI Bank
  5. Annual Report 2007 of ICICI Bank
  6. Annual Report 2008 of ICICI Bank
  7. Annual Report 2009 of ICICI Bank
  8. Annual Report 2010 of ICICI Bank
  9. Annual Report 2011 of ICICI Bank
  10. Annual Report 2012 of ICICI Bank
  11. Annual Report 2013 of ICICI Bank
  12. Annual Report 2014 of ICICI Bank
  13. Annual Report 2015 of ICICI Bank
  14. Annual Report 2016 of ICICI Bank
  15. Annual Report 2017 of ICICI Bank