ICICI Bank Q3 Results: Share Price Jumps 2% After Profit Hikes

ICICI Bank Q3 results FY25 reported a 16% year-on-year increase in consolidated net profit at ₹12,883 crores. On the ICICI Bank Q3 result date which was January 25, 2025, the ICICI Bank share price was at ₹1,209.20. So, let’s get into the details of the ICICI Bank Q3 results including loans and deposits growth.

ICICI Bank Q3 Results: Key Highlights

• On a consolidated basis, ICICI bank net profit grew 16.56% to ₹12,883.37 crores on a 25.47% jump in total income to ₹74,626.56 crores in Q3 FY25 over Q3 FY24.
• Net interest income (NII) increased by 9.06% YoY to ₹20,371 crores during the quarter.
• Net interest margin (NIM) was 4.25% in Q3 FY25 as compared to 4.43% in Q3 FY24.

ICICI Bank Q3 Results: Advances and Deposits

• The net domestic advances grew by 15.1% YoY and total advances increased by 13.9% YoY to ₹13,14,366 crores as at 31 December 2024.
• Total deposits increased by 14.1% YoY to ₹15,20,309 crores as of December 2024.
• The retail loan portfolio grew by 10.5% YoY and comprised 52.4% of the total loan portfolio at 31 December 2024. Including non-fund outstanding, the retail portfolio was 43.9% of the total portfolio at 31 December 2024.

ICICI Bank Q3 Results: Key Ratios

• The gross NPA ratio reduced to 1.96% as on 31 December 2024 as compared to 2.30% as on 31 December 2023.
• The net NPA ratio declined to 0.42% as on 31 December 2024 as against 0.44% as on 31 December 2023.
• The provisioning coverage ratio (PCR) on non-performing loans was 78.2% as per the ICICI Bank Q3 results.
• ICICI Bank’s total capital adequacy ratio at 31 December 2024 was 16.60% and the CET-1 ratio was 15.93% compared to the minimum regulatory requirements of 11.70% and 8.20%, respectively.

Highlighting the ICICI Bank share price performance, it has generated a negative return of less than 1% in the last 1 week (as on January 27, 2025). Keep exploring stocks and open demat account with SMC Global Securities. Stay tuned for the upcoming Nifty 50 companies quarterly results.

Reference:
SMC Global Securities Research Team

Author: All Content is verified by SMC Global Securities.