India's ICICI Bank reports higher quarterly profit

India's ICICI Bank reports higher quarterly profit, helped by healthy loan growth
ICICI Bank, India's second-largest private lender by assets, reported higher quarterly profit on Saturday, helped by healthy loan growth and net interest income, although its lending margins shrank. The bank's standalone net profit rose 14.
ICICI Bank in focus: Should you buy, sell, or hold India’s second-largest private bank’s stock after Q3 results?
India’s second-largest private sector bank, ICICI Bank, reported a healthy performance in Q3FY25, with net profit surging by nearly 15%. The bank has consistently demonstrated strong growth, achieving a 15% increase in credit during this quarter,
ICICI Bank Q3 profit rises 15%
The bank expects NIMs to remain stable in the near term but the margins may come under pressure after the rate cut by the Reserve Bank of India.
ICICI Bank Reports Robust Q3 Growth Amid Core Income Surge
ICICI Bank reported a 15% increase in standalone net profit in Q3, driven by core income growth. Net profit rose from Rs 10,272 crore to Rs 11,792 crore, while total income increased to Rs 48,368 crore.
ICICI Bank Q3 net profit up 15% to Rs 11k crore
ICICI Bank's profit after tax increased by 14.8% year-on-year to Rs 11,792 crore for Q3-2024, driven by higher net interest income, fee earnings and a
ICICI Bank's Q3 results: Net profit surges 15% to ₹11,792cr
ICICI Bank's net interest margin for the third quarter of FY25 stood at 4.25%, marginally lower than the previous quarter's 4.27% and much lower than the 4.43% reported in Q3 of FY24. The bank also kept its net NPA ratio steady at 0.42%.
Q3 Results: ICICI income up 25%, IDFC First slips, YES Bank profit up 1.5 times
As ICICI Bank profit beats analyst expectations, the results are expected to have a positive impact on the stock on Monday.
ICICI Bank's Q3 Profit Rises 15 Per Cent To Rs 11,792 Crore, NII Grows 9 Per Cent
According to the bank, the higher NPA additions during the third quarter typically come from its Kisan Credit Card portfolio, a credit scheme for farmers. The bank's provision coverage ratio for non-performing loans stood at 78.
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ICICI Bank Q3 Results Highlights: Net profit jumps 15% YoY to ₹11,792 cr; NII up 12.5%
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