ICICI Bank Q3 results: Net profit jumps 25% to Rs 6,194 cr; NII rises 23%
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Private sector lender ICICI Bank on Saturday reported 25% jump in standalone net profit at Rs 6,194 crore for the quarter ending December 31, 2021. It was Rs 4,940 crore in the year-ago period.
Net interest income grew by 23% to Rs 12,236 crore in Q3FY22 from Rs 9,912 crore in Q3FY21.
The net interest margin was 3.96% in Q3FY22 as compared to 3.67% in Q3FY21 and 4% in the quarter ended September 30, 2021 (Q2FY22).
On Friday, the lender’s scrip on BSE closed 0.66% lower at Rs 804.60.
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