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.
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Results: ICICI Bank reported a rise of 15 per cent in its standalone net profit to ₹11,792.4 crore, supported by healthy loan growth and core income
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ICICI Bank Q3 FY25: Net profit goes up by 15%, NII increases 9.1%
The lender reported a net interest income of Rs 20,370.6 crore, reflecting a 9.1% increase from Rs 18,678 crore in the previous year.
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 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 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: Lender Sees 15 Per Cent Jump In Net Profit While Asset Quality Takes A Hit
ICICI bank clocked a 15 per cent increase in the net profit at Rs 11,792.42 crore in Q3 of FY25, in comparison to Rs ...
ICICI Bank Q3 Results Highlights: Net profit jumps 15% YoY to ₹11,792 cr; NII up 12.5%
ICICI Bank is gearing up to announce its third-quarter results on Saturday, January 25. The bank is projected to post a 10.3% ...
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ICICI Bank: Marching ahead of HDFC Bank?
Investors could consider adding ICICI Bank shares to their long term watchlist and see if it continues to benefit from the ‘India growth story’.