ICICI Bank Q1 FY25 Results: Net profit jumps nearly 15%, beats Street estimates; net interest income grows to Rs 19,553 crore | Catch key takeaways
ICICI Bank Q1 FY25 Results: ICICI Bank on July 27 registered a 14.6 per cent year-on-year increase in its standalone net profit with 7.3 per cent growth in net interest income - or the difference between interest earned and interest paid.
ICICI Bank Q1 FY25 Results: ICICI Bank - the country's second largest lender by market value - on Saturday reported a standalone net profit of Rs 11,059.1 crore for the quarter ended June 30, marking an increase of 14.6 per cent over the corresponding period a year ago.
ICICI Bank Q1 FY25 Results | Net interest income up 7.3% at Rs 19,553 crore
ICICI Bank Q1 FY25 Results | PAT, NII above analyst estimates
ICICI Bank Q1 FY25 Results | Asset quality largely stable
ICICI Bank's gross non-performing assets (GNPAs) as a percentage of total loans stood at 2.15 per cent for the June quarter, as against 2.16 per cent for the previous three months.
Similarly, its net non-performing assets (NNPAs) - or net bad loans - came in at 0.43 per cent as against 0.42 per cent in the final three months of FY24.