Earnings: Mumbai-based ICICI Bank on Saturday reported a 14.8 per cent jump in its standalone net profit to Rs 11,792.4 crore for the October-Decepber period, meeting Street expectations. Read on to learn more about the private sector bank's latest earnings report.

ICICI Bank reports a 15% rise in Q3 profit to Rs 11,792 crore, supported by increased interest income and improved asset quality.

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 is set to report its quarterly financial results on Saturday, January 25. The private sector bank is estimated to register an 11 per cent rise in its net profit for the third quarter of the current financial year,

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%.

ICICI Bank reports 15% rise in net profit, stable core income, healthy funding profile, and strong loan growth.

India’s leading private sector lender ICICI Bank has announced its quarterly results for the October-December 2024 period. The bank released its earnings on Saturday, reporting a healthy set of numbers with its net profit going up by 16.

ICICI Bank reports 15% rise in Q3 net profit to ₹11,792 crore, with improved asset quality and capital adequacy.