ICICI Bank, one of India’s leading private sector lenders, has announced its financial results for the fourth quarter of the financial year 2024-25, reporting a strong and steady performance across key financial metrics.
The bank posted a net profit of ₹12,630 crore, marking an 18% year-on-year (YoY) growth compared to ₹10,707 crore reported in the same quarter last year. This healthy growth highlights ICICI Bank’s strong operational efficiency and resilient business model amid dynamic market conditions.
The bank’s Net Interest Income (NII) — a core indicator of the profitability from lending activities — increased by 11% YoY, reaching ₹21,193 crore, up from ₹19,092.8 crore reported during Q4 of the previous financial year.
In terms of asset quality, ICICI Bank showed notable improvement. The Gross Non-Performing Assets (Gross NPA) came down to ₹24,166.2 crore, compared to ₹27,745.3 crore in the previous quarter, reflecting the bank’s improved credit quality and recovery efforts. Likewise, the Net Non-Performing Assets (Net NPA) reduced to ₹5,589.4 crore from ₹5,897.8 crore on a quarter-on-quarter basis.
The bank also witnessed notable growth in its loan book. Total Advances rose 13.3% YoY and 2.1% quarter-on-quarter (QoQ), reaching ₹13.42 lakh crore. Domestic Advances were up 13.9% YoY and 2.2% QoQ, reflecting steady demand across retail, corporate, and rural segments.
The bank's proactive recovery and asset management strategy were visible in its slippages and recoveries figures as well. Slippages declined to ₹5,142 crore from ₹6,085 crore in the previous quarter, while Recoveries and Upgrades rose to ₹3,817 crore compared to ₹3,392 crore QoQ — highlighting ongoing improvements in asset resolution.
When viewed as a percentage of total advances, Gross NPA dropped to 1.67% from 1.96% QoQ, and Net NPA improved to 0.39% from 0.42% QoQ, showing clear progress in ICICI Bank's asset health and risk control.
In a move that will surely delight shareholders, the Board of Directors has recommended a dividend of ₹11 per share for the fiscal year, underlining the bank’s commitment to delivering shareholder value.
Another highlight of the quarter was the growth in Net Interest Margin (NIM) — a crucial indicator of lending profitability. ICICI Bank reported a NIM of 4.41% in Q4 FY25, compared to 4.25% in Q3 FY25, signaling enhanced income generation from its interest-earning assets.
In addition to the strong quarterly performance, what stands out is ICICI Bank’s ability to deliver double-digit growth in net profit for all four quarters of FY25, a remarkable feat that puts it ahead of HDFC Bank in terms of growth momentum for the year. This consistent performance underlines ICICI Bank’s strong business strategy, risk management, and operational efficiency in a challenging macro environment.
ICICI Bank’s consistent financial performance, strong growth in profit and NII, improved asset quality, rising net interest margin, and generous dividend recommendation together reflect its stable footing and growth-focused strategy in India’s competitive banking sector.
Disclaimer:
This article is intended for informational and educational purposes only. The financial data presented is based on publicly available quarterly reports from ICICI Bank. It does not constitute investment advice. Investors are advised to consult certified financial professionals before making any financial decisions.
