India’s second-largest private sector bank, ICICI Bank, reported a healthy performance in Q3FY25, with net profit surging by nearly 15%. The bank has consistently demonstrated strong growth, achieving a 15% increase in credit during this quarter,

ICICI Bank Ltd (IBN) reports a robust 14.8% increase in profit after tax, despite facing hurdles in its overseas operations.

ICICI Bank, India's second-largest private lender by assets, reported higher quarterly profit on Saturday, helped by healthy loan growth and net interest income, although its lending margins shrank. The bank's standalone net profit rose 14.

The bank expects NIMs to remain stable in the near term but the margins may come under pressure after the rate cut by the Reserve Bank of India.

ICICI Bank reported a 15% increase in standalone net profit in Q3, driven by core income growth. Net profit rose from Rs 10,272 crore to Rs 11,792 crore, while total income increased to Rs 48,368 crore.

As ICICI Bank profit beats analyst expectations, the results are expected to have a positive impact on the stock on Monday.

ICICI Bank reports a 15% rise in Q3 profit to Rs 11,792 crore, supported by increased interest income and improved asset quality.

ICICI Bank reports 15% rise in net profit, stable core income, healthy funding profile, and strong loan growth.