ICICI Bank Q3 results: Net profit rises 15% to ₹11,792.4 crore, NII at ₹20,370 crore | Stock Market News
Source: Live Mint
Private lender ICICI Bank, on Saturday, posted 14.8 per cent year-on-year growth in its standalone net profit to ₹11,792 crore. Additionally, its net interest income (NII) rose by 9.1 per cent YoY to ₹20,371 crore during the December quarter.
The net interest margin for Q3 FY25 was 4.25 per cent, slightly down from 4.27 per cent in Q2 FY25 and 4.43 per cent in Q3 FY24. The net NPA ratio remained unchanged at 0.42 per cent compared to the previous quarter, while the provisioning coverage ratio for non-performing loans stood at 78.2 per cent as of the end of December.
Fee income grew by 16.3 per cent year-on-year (YoY) to ₹ 6,180 crore in the December quarter FY2025 from ₹ 5,313 crore same period a year ago. Fees from retail, rural and business banking customers constituted about 78 per cent of total fees in the third quarter.
Credit Growth
As of December 31, 2024, net domestic advances increased by 15.1 per cent compared to the previous year and by 3.2 per cent sequentially. The retail loan portfolio saw a 10.5 per cent year-on-year growth and a 1.4 per cent sequential rise, making up 52.4 per cent of the total loan portfolio as of December 31, 2024.
Deposit Growth
Total period-end deposits increased by 14.1 per cent YoY and 1.5 per cent sequentially to ₹15,20,309 crore. Average deposits increased by 13.7 per cent year-on-year and 2.1 per cent sequentially to ₹14,58,489 crore.
Asset Quality
The gross NPA ratio was 1.96 per cent at December 31, 2024 compared to 1.97 per cent at September 30, 2024. The net NPA ratio was 0.42 per cent at December 31, 2024 compared to 0.42 per cent at September 30, 2024. The gross NPA additions were ₹ 6,085 crore in third quarter 2025 compared to ₹ 5,916 crore in first quarter and ₹ 5,073 crore in second quarter.
