ICICI Bank announced Q3FY25 results Profit before tax excluding treasury grew by 12.8% YoY and 3.2% QoQ to Rs 152.89 billion in Q3FY25. Core operating profit grew by 13.1% YoY and 2.9% QoQ to Rs 165.16 billion. Excluding dividend income from subsidiaries and associates, core operating profit grew by 14.7% YoY and 3.3% QoQ. Profit after tax grew by 14.8% YoY to Rs 117.92 billion in Q3FY25. Provisions of Rs 12.27 billion in Q3FY25 (0.37% of average advances) Deposits: Average deposits grew by 13.7% YoY and 2.1% QoQ at December 31, 2024. Average savings account deposits increased by 12.3% YoY and 1.3% QoQ. Average current account deposits increased by 13.1% YoY and 4.5% QoQ. Period end total deposits grew by 14.1% YoY and 1.5% QoQ Advances: Domestic loans grew by 15.1% YoY and 3.2% QoQ. Retail loans grew by 10.5% YoY and 1.4% QoQ. Business banking1 portfolio grew by 31.9% YoY and 6.4% QoQ. Domestic corporate portfolio grew by 13.2% YoY and 4.3% QoQ Asset Quality: Net NPA ratio was 0.42% at Dec 31, 2024 (Sep 30, 2024: 0.42%). Net additions of Rs 26.93 billion to gross NPAs in Q3FY25 (Q1FY25: Rs 26.24 billion; Q2FY25: Rs 17.54 billion). Provision coverage was 78.2% at Dec 31, 2024 (Sep 30, 2024: 78.5%). Fund based o/s of Rs 21.07 billion (0.2 % of advances) to all standard borrowers under resolution; provisions of Rs 6.91 billion held against these borrowers. Contingency provisions of Rs 131.00 billion at Dec 31, 2024 Capital: Common Equity Tier 1 ratio of 15.93% (Sep 30, 2024: 15.96%). Result PDF
Conference Call with ICICI Bank Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.