ICICI Bank Q3 results released; Profit increased by 15% on annual basis, NII increased by 9%, movement in shares possible on Monday.
ICICI Bank has reported net interest income (NII) at ₹20,371 crore for the December quarter of FY25, up 9.1% year-on-year.New Delhi: Today i.e. on Saturday, the entire stock market is closed, but meanwhile on Saturday afternoon, the country’s second largest private bank ‘ICICI Bank’ has presented its December quarter results for the financial year 2025.ICICI Bank said the bank has reported a 14.8% year-on-year rise in standalone net profit at ₹11,792 crore in the December quarter.The bank’s net interest income during the December quarter increased by 9.1% year-on-year to ₹20,371 crore.
Last Friday, ICICI Bank shares closed at ₹ 1,209 with a slight gain of 0.62%.If we look at other figures of ICICI Bank’s December quarter result, the bank said that during the December quarter, its Net Interest Margin (NIM) has been reported at the level of 4.25%, which was 4.43% in the December quarter of FY24 a year ago. ,Additionally, ICICI Bank’s Net NPA (Non-Performing Assets) ratio stood at 0.42% during the December quarter, while the provision coverage ratio on Non-Performing Loans (NPL) was reported at 78.2%.ICICI Bank said that during the December quarter, their total deposits increased by 14.1% year-on-year to ₹15,20,309 crore. The average deposits of the bank have also increased by 13.7% to ₹14,58,489 crore.Additionally, the bank reported an increase of 13.1% in average current account deposits during the December quarter, while average savings account deposits increased by 12.3%.The bank’s net domestic advances grew 15.1% year-on-year during the December quarter, while the retail loan profile grew 10.5%. The business banking portfolio has grown 31.9% year-on-year.ICICI Bank’s gross NPA ratio during the December quarter of FY2025 has reported a marginal improvement at 1.93%, which was 1.97% in the previous quarter i.e. September quarter.The bank’s gross NPA additions during the December quarter were reported at ₹6,085 crore, compared to ₹5,073 crore in the September quarter.