ICICI Bank Q2FY25 Date, Time: As one of India’s leading private sector banks, ICICI Bank’s quarterly earnings report is crucial for evaluating its performance in the financial sector. Analysts will be looking for key indicators such as net profit, asset quality, and loan growth.
ICICI Bank Date, Time: ICICI Bank is set to announce its Q2 earnings results tomorrow, October 26, 2024. Investors and market analysts are eagerly anticipating the release, which will provide insights into the bank’s financial performance over the last quarter. While the exact timing of the announcement has not been disclosed. Stakeholders should stay tuned for updates as the date approaches to ensure they do not miss this important financial event.
What to Expect from the ICICI Q2 Earnings Report
As one of India’s leading private sector banks, ICICI Bank’s quarterly earnings report is crucial for evaluating its performance in the financial sector. Analysts will be looking for key indicators such as net profit, asset quality, and loan growth. Expectations are high, with many anticipating that the bank will report robust results, driven by increased lending and improved asset management.
Sharekhan by BNP Paribas said, “Advances are likely to grow by around 14 per cent YoY, aided by broad based growth in all segments.” NIMs, meanwhile, is expected to decline marginally QoQ. In terms of key monitorables, the report stated that investors will keep an eye on deposit growth and margins outlook.
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Where to Watch ICICI Bank Q2FY25 Results
ICICI Bank Investor Relations: Visit the Investor Relations section on the ICICI Bank official website. This page will provide official announcements, press releases, and financial statements related to the Q2 results.
News channels and websites: Tune in to major financial news networks for live coverage and expert panels discussing the Q2 earnings. FinancialExpress.com will also offer live updates and comprehensive coverage of the earnings announcement, including expert analysis.
Social Media:
Twitter: Follow ICICI Bank’s official Twitter account for instant updates and highlights from the earnings release.
LinkedIn: Check their LinkedIn page for professional insights and discussions related to the results.
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ICICI Bank last quarter performance
ICICI Bank reported a consolidated net profit of Rs 11,695.84 crore for the June quarter, marking a 9.96% increase from Rs 10,636.12 crore in the same period of 2023-24. On a standalone basis, India’s second-largest private sector lender posted a profit of Rs 11,059 crore, a rise of 14.62% compared to Rs 9,648.2 crore in the year-ago period.
