ICICI Bank Reports 18% Yearly Profit Growth to Rs 12,630 Crore in Q4
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Synopsis
On April 19, ICICI Bank revealed its Q4 FY25 results, showcasing an 18% rise in net profit to Rs 12,630 crore. The bank also reported an 11% increase in net interest income and positive movements in asset quality.
Key Takeaways
- Net profit increased by 18% YoY to Rs 12,630 crore.
- Net interest income grew by 11% to Rs 21,193 crore.
- Total deposits rose by 14% YoY.
- Gross NPA ratio improved to 1.67%.
- Dividend of Rs 11 per share announced.
Mumbai, April 19 (NationPress) ICICI Bank, recognized as India’s second-largest private sector bank, unveiled its impressive financial performance for the fourth quarter of FY25 on Saturday. The bank's net profit surged by 18% year-on-year (YoY), amounting to Rs 12,630 crore.
During this period, the net interest income (NII) experienced an increase of 11%, reaching Rs 21,193 crore, as indicated in its stock exchange report.
For the entire financial year of 2025, ICICI Bank recorded a 15.5% rise in profit after tax (PAT), totaling Rs 47,227 crore.
In conjunction with its financial results, the bank declared a dividend of Rs 11 per share, pending approval during its upcoming Annual General Meeting. Each share has a face value of Rs 2.
Moreover, ICICI Bank demonstrated progress in its asset quality, with its gross non-performing asset (NPA) ratio declining to 1.67% as of March 31, down from 1.96% at the end of the preceding quarter and 2.16% a year prior.
Additionally, the net NPA ratio fell to 0.39%, compared to 0.42% in both the previous quarter and the same timeframe last year.
In absolute figures, gross NPAs decreased to Rs 24,166.18 crore, a reduction from Rs 27,745.33 crore in the previous quarter and Rs 27,961.68 crore a year ago.
“During this quarter, the bank wrote off loans amounting to Rs 2,118 crore and disposed of loans worth Rs 2,786 crore,” according to its filing.
Provisions, excluding tax, increased to Rs 891 crore in Q4 FY25, up from Rs 718 crore a year earlier and Rs 1,227 crore in Q3.
The bank’s provisioning coverage ratio on non-performing loans was at 76.2% by the end of March 2025.
ICICI Bank’s total deposits rose by 14% YoY to Rs 16.11 lakh crore by March 31. In quarterly terms, deposits experienced a growth of 5.9%.
Average deposits during the January-March period increased by 11.4% YoY and 1.9% from the prior quarter, totaling Rs 14.87 lakh crore.
Average current account deposits grew by 9.6% YoY, while average savings account deposits climbed by 10.1%.
Prior to announcing its Q4 results, ICICI Bank’s stock price closed 3.73% higher at Rs 1,407 on the National Stock Exchange (NSE) on Thursday.
