Copyright © HT Digital Streams Limit all rights reserved. Companies Shayan Ghosh 2 Min Read 19 Apr 2025, 07:52 PM ist ICICI Bank has a strong, independent net profit of £ 12,630 crore for the quarter ended March 31, 2025, an 18% increase on an annual basis, and which surpasses Bloomberg’s consensus estimate of £ 11.897. (File Photo: Reuters) Summary ICICI Bank reported an independent net profit of £ 12.630 crore for the three months to March on Saturday, up 18% higher than in the same period last year. That beat Bloomberg’s consensus estimate of £ 11,897 in quarterly profit for Q4FY25. Mumbai: ICICI Bank expects its net interest margins to be under pressure in the coming months, as the Reserve Bank of India’s repo rate cuts begins to bite. Private sector lender expects further relief from the central bank, a senior executive said on Saturday – with a cautious prospect, even if the bank reported strong earnings. The bank reported a net rent margin (NIM) of 4.41% for the March quarter of FY25, of 4.25% in the previous quarter. However, the margins were largely flat compared to the same period last year, when Nim stood at 4.4%. Sandeep Batra, executive director of ICICI Bank, told reporters after the bank announced to the March quarter earnings, the movement in NIM from Q3 to Q4 from Q3 to Q4 mainly due to the impact of the day score, which we highlighted in a way. Read it | ICICI BANK: Retail, Rural Portfolio Stresspikes In October, the group CFO Anindya Banerjee also attributed quarterly NIM movements to calendar effects and said it would probably be reversed in the March quarter. Batra added that the 50-base mark in the CRR Reservee (CRR) in December, together with interest income from tax refunds, also supported margins. However, these profits were partly compensated by the cutting of the repo rate and an increase in financing costs. From a structural point of view, the NIM of ICICI Bank has thrown about 4% before the rate hike cycle began in FY22. As the policy figures rose, the margins expanded to about 4.5% before gradually relieving to 4.3%. “I think in the near term we will generally follow what happens in the banking system. And these margins will be influenced by the cutting of the repo rate. And we expect more repo rates to occur,” Batra said. Read it | ICICI Bank has a strong, net profit of £ 12.630 crore for the quarter ended March 31, 2025, an 18% increase at a year-to-year increase in the quarter, and an increase in Bloomberg’s £ 11,897 crore consensus. Analysts were satisfied with the profitability of the bank. “ICICI reported another strong quarter on the profitability front with the ROA (yield on asset) climbing above 2.5% (+16 BPS QOQ), thanks to a sharp net interest marching and continuing ultra-low credit costs, which helps to deliver an EP’s (earnings per share) of 17%. Analysts in A -note at Sanford C. Bernstin (India) Pvt said. Quarterly, in the context of already high expectations. grown by 11.9%, but dropped 0.4% consecutively. Catch all the corporate news and updates on live currency. Download the Mint News app to get daily market updates and live business news. More Topics #icici Bank #Banking Q4 Results #Bank Shares Coin Special
ICICI Bank See RBI -Repo Rate Slugs that affect margins
