ICICI Financial institution This fall web revenue rises 15.7% to Rs 13,502 crore

ICICI Financial institution This fall web revenue rises 15.7% to Rs 13,502 crore

ICICI Financial institution on Saturday introduced a 15.7% year-on-year improve in its consolidated web revenue for the January–March quarter, reaching Rs 13,502 crore.
On a standalone foundation, the non-public sector lender’s web revenue rose by 18% to Rs 12,630 crore, in comparison with Rs 10,708 crore in the identical quarter final 12 months.
The financial institution’s core web curiosity earnings (NII) grew by 11%, rising to Rs 21,193 crore, up from Rs 19,093 crore within the year-ago interval.
In the meantime, non-interest earnings (excluding treasury beneficial properties) noticed a robust 18.4% improve, totalling Rs 7,021 crore for the quarter.
Provisions for the quarter stood at Rs 891 crore, greater than the Rs 718 crore reported throughout the identical interval final 12 months.
Asset high quality additionally improved, with the gross non-performing property (GNPA) ratio declining to 1.67% as of March 2025, down from 1.96% on the finish of December 2024.

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