ICICI Bank shares in focus on 14% YoY jump in Q2 net profit
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Shares of ICICI Bank are expected to be in focus on Monday after India's second largest private lender reported a 14.5% rise in its September quarter standalone net profit at Rs 11,746 crore versus Rs 10,261 crore reported by it in the year ago period. The Net interest income (NII) increased by 9.5% year-on-year to Rs 20,048 crore in Q2FY25 from Rs 18,308 crore in Q2FY24. The net interest margin was reported at 4.27% in Q2FY25 compared to 4.36% in Q1FY2025 and 4.53% in Q2FY24. Core operating profit grew by 12.1% YoY to Rs 16,043 crore in Q2FY25 and excluding dividend income from subsidiaries/associates, core operating profit grew by 13.4% YoY in Q2FY25. ICICI Bank reported average deposits growth by 15.6% YoY to Rs 14,28,095 crore at September 30, 2024 while the average current account and savings account (CASA) ratio was 38.9% in Q2-2025. Domestic loan portfolio grew by 15.7% YoY to Rs 12,43,090 crore on September 30, 2024, the lende...