ICICI Bank's Financial Triumph in Q4

ICICI Bank has announced a significant 15.7% year-on-year increase in its consolidated net profit for the January–March quarter, achieving a remarkable Rs 13,502 crore.

Standalone Performance Highlights

On a standalone basis, the private sector lender’s net profit soared by 18% to Rs 12,630 crore, up from Rs 10,708 crore in the corresponding quarter of the previous year.

Revenue Growth and Asset Quality

The bank’s core net interest income (NII) witnessed an 11% growth, escalating to Rs 21,193 crore from Rs 19,093 crore in the year-ago period. Non-interest income (excluding treasury gains) also saw a robust 18.4% increase, amounting to Rs 7,021 crore for the quarter.

Provisions for the quarter were noted at Rs 891 crore, higher than the Rs 718 crore reported during the same period last year. Notably, asset quality improved, with the gross non-performing assets (GNPA) ratio decreasing to 1.67% as of March 2025, down from 1.96% at the end of December 2024.