ICICI Bank Q3 profit rises 15% to Rs 11,792 cr

Quick Summary:

ICICI Bank reported a 15% rise in standalone net profit to Rs 11,792 crore for Q3 of FY2024, compared to Rs 10,272 crore in the same period last year.

Total income rose to Rs 48,368 crore, with improved asset quality as gross NPAs dropped to 1.96%.

However, the overall provisions, excluding tax increased to Rs 1,227 crore during the quarter from Rs 1,049 crore a year ago.

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Author / Journalist: PTI

Category: EconomyBusiness

Markets: India

Topics: Net profit increase Business news Financial results December 2024 Q3 profit ICICI Bank Asset quality

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-25 @ 17:41:05 (5 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 661 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 25423417

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