ICICI Bank Q1 Results: Net profit rises 14.6% to ₹11,059 crore, NII up 7.3% YoY
– ICICI Bank Q1 Results: India's second largest lender by market cap reported a rise of 7.3 per cent in NII to ₹19,553 crore in the June quarter
ICICI Bank announced its April-June quarter results for fiscal 2024-25 (Q1FY25) on Saturday, July 27, reporting a rise of 14.6 per cent in standalone net profit at ₹11,059 crore, compared to ₹9,648 crore in the corresponding period last year.
India's second largest lender's net interest income (NII) - the difference between interest earned and paid - rose 7.3 per cent to ₹19,553 crore in the first quarter of current fiscal, compared to ₹18,226.5 crore in the year ago period.