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.
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 Q3 PAT increases 14.8% to ₹11,792 crore
ICICI Bank, the second largest private sector bank, reported a 14.8% year-on-year growth in net profit for the third quarter ended December 31 to ₹11,792 crore. The bank’s net interest income (NII) increased by 9.1% year-on-year (YoY) to ₹20,371 crore.
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%.
India's ICICI Prudential Life Q3 profit jumps on new policy sales
India's ICICI Prudential Life Insurance reported a 43% jump in third-quarter profit on Tuesday, driven by higher premiums from new policy sales. The life insurer reported a standalone profit of 3.26 billion rupees (about $38 million) for the quarter ended Dec.
ICICI Bank Q3 profit rises 15% to ₹11,792 crore
ICICI Bank reports 15% rise in Q3 net profit to ₹11,792 crore, with improved asset quality and capital adequacy.
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.
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’.
ICICI Bank outperforms competitors on strong trading day
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