ICICI Bank announced Q4FY24 & FY24 results: Profit before tax excluding treasury increased by 19.2% YoY to Rs 14,602 crore (USD 1.8 billion) in Q4FY24. Core operating profit grew by 10.5% YoY to Rs 15,320 crore (USD 1.8 billion) in Q4FY24. Profit after tax grew by 17.4% YoY to Rs 10,708 crore (USD 1.3 billion) in Q4FY24. Profit before tax excluding treasury grew by 28.3% YoY to Rs 54,479 crore (USD 6.5 billion) in FY24. Core operating profit grew by 18.3% YoY to Rs 58,122 crore (USD 7.0 billion) in FY24. Profit after tax grew by 28.2% YoY to Rs 40,888 crore (USD 4.9 billion) in FY24. Total period-end deposits grew by 19.6% YoY to Rs 14,12,825 crore (USD 169.4 billion) on March 31, 2024. Average current account and savings account (CASA) ratio was 38.9% in Q4FY24. Domestic loan portfolio grew by 16.8% YoY to Rs 11,50,955 crore (USD 138.0 billion) on March 31, 2024. Net NPA ratio declined to 0.42% on March 31, 2024, from 0.44% on December 31, 2023. Provisioning coverage ratio on non-performing assets was 80.3% on March 31, 2024. Total capital adequacy ratio was 16.33% and CET-1 ratio was 15.60%, on a standalone basis, on March 31, 2024, after reckoning the impact of proposed dividend. The Board has recommended a dividend of Rs 10 per share for FY24, subject to requisite approvals. Result PDF