ICICI Bank shares climb over 2% post earnings announcement

climbed over 2 per cent in Monday morning trade after the firm reported a 9.28 per cent rise in its consolidated net profit for the March quarter.

The stock edged higher by 2.13 per cent to ₹1,376.25 on the BSE.

At the NSE, it advanced 2.19 per cent to ₹1,376.40.

ICICI Bank on Saturday reported a 9.28 per cent rise in its consolidated net profit to ₹14,755 crore for the March quarter, helped by a nearly 90 per cent drop in provisioning.

On a standalone basis, the second-largest private-sector lender’s net profit increased by 8.5 per cent to ₹13,702 crore, compared with ₹12,630 crore in the year-ago period.

For the recently ended fiscal year 2025-26, its post-tax profit increased 6.2 per cent to ₹50,147 crore from ₹47,227 crore in FY25.



In the reporting quarter, the bank posted an 8.4 per cent increase in core net interest income to ₹22,979 crore, following a healthy 15 per cent growth in assets and a slight expansion in net interest margin to 4.32 per cent.

The bank’s executive director, Sandeep Batra, said it has been a well-rounded asset growth on the back of healthy momentum in the economy, but added that the ongoing troubles because of the West Asia conflict make it difficult to share the outlook.

Source

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