India, May 3 -- Italian bank Intesa Sanpaolo (ISNPY.PK,IITSF.PK) reported Friday that its first-quarter net income climbed 17.6 percent to 2.30 billion euros from last year's 1.96 billion euros.
Gross income went up 16.9 percent to 3.93 billion euros from last year's 3.36 billion euros.
Operating income grew 11.1 percent to 6.73 billion euros from last year's 6.06 billion euros. Operating margin went up 18.2 percent.
Net interest income was up 20.8 percent, net fee and commission income grew 6.3 percent, and income from insurance business went up 14.6 percent.
Looking ahead for fiscal 2024, the company continues to project solid revenue growth, driven by a further increase in net interest income and growth in net fee and commission inco...