ICICI Bank Q4 results: In the previous quarter (Q3 FY24), ICICI Bank’s net interest income rose by 13.4% to Rs 18,678 crore year-over-year from Rs 16,465 crore in the same quarter last year.
ICICI Bank clocked a consolidated net profit of Rs 11,671.52 crore, up 18.4% year-on-year in Q4 of FY24 against Rs 9,852.70 crore in the same quarter a year ago.
Read More: Crypto Exchange Platform WazirX’s User Registrations Surge By 122% In 2024
India’s second-largest lender reported a consolidated total income of Rs 67,181.70 crore, an increase of almost 25% on year compared to Rs 53,922.75 crore posted in Q4 of FY23.
Its net interest income for the period rose by 8.1% on year to Rs 19,093 crore in the last quarter of financial year 2023-24 from Rs 17,667 crore in Q4 FY23.
Read More: Good News! Food Prices To Come Down Post June, Here’s What Finance Ministry Has To Say
For the quarter ending December of FY24, ICICI Bank’s net profit, standalone, saw a rise of 23.5% standing at Rs 10, 272 crore, compared to Rs 8,312 crore in the year-ago period.
Read More: Huawei beats Apple in China’s smartphone market; Tim Cook’s China visit fails to boost sales: Report
In the previous quarter (Q3 FY24), ICICI Bank’s net interest income rose by 13.4% to Rs 18,678 crore year-over-year from Rs 16,465 crore in the same quarter last year.