Business

ICICI Bank net profit up 15.7 pc to Rs 13,502 cr

The core net interest income moved up 11 per cent to Rs 21,193 crore, from the year-ago period's Rs 19,093 crore.

PTI

MUMBAI: ICICI Bank on Saturday reported a 15.7 per cent jump in March quarter consolidated net profit at Rs 13,502 crore.

On a standalone basis, the second largest private sector lender's net profit for the January-March quarter came at Rs 12,630 crore, up 18 per cent, as against Rs 10,708 crore in the year-ago period.

The core net interest income moved up 11 per cent to Rs 21,193 crore, from the year-ago period's Rs 19,093 crore.

The non-interest income excluding treasury increased 18.4 per cent to Rs 7,021 crore.

Provisions came at Rs 891 crore in the March quarter, as against Rs 718 crore in the year-ago period.

The gross non-performing assets ratio improved to 1.67 per cent at the end of March 2025, from 1.96 per cent in December 2024.

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