ICICI Bank Ltd., the second largest private sector bank, for the 4th quarter ended March 31, 2025 reported 18% growth in standalone net profit at ₹ 12,630 crore due to improvement in Net Interest Income (NII).
The Board has recommended a dividend of ₹ 11 per share. For FY25 the bank’s net profit grew by 15.5% Year in Year (YoY) to ₹47,227 crore.
Consolidated profit after tax for the quarter increased by 15.7% YoY to ₹13,502 crore and annual net profit grew by 15.3% YoY to ₹51,029 crore.
Net interest income (NII) for the quarter increased by 11% YoY to ₹ 21,193 crore. Net interest margin was 4.41% in Q4-2025 compared to 4.25% in Q3-2025 and 4.40%in Q4-2024, the bank said in a filing.
Provisions (excluding provision for tax) were higher at ₹891 crore in Q4-2025 compared with ₹718 crore a year ago.
The bank’s gross non-performing assets (GNPA) for the quarter was down at ₹24,166 crore from ₹27,962 crore a year ago.
But, net non-performing assets for the quarter were higher at ₹5,589 crore from ₹5,378 crore a year ago.
Sandeep Batra, Executive Director, ICICI Bank told reporters that the bank would grow it’s business in a risk calibrated manner and would continue to fund bankable customers.
Answering a question on the impact of the tariff war on the bank’s customers he said, “Though it is difficult to assess the impact now, we will support customers. Corporate India is responding appropriately and we will monitor the situation,” he said adding that there could be some opportunities as well.
He said the tariffs would put pressure on the long term growth plan and the bank would remain focused and nimble.
He the reduction in repo rate by the RBI would impact the bank’s margin.
The net domestic advances grew by 13.9% YoY at March 31, 2025. The retail loan portfolio grew by 8.9% YoY and comprised 52.4% of the total loan portfolio at March 31, 2025.
The business banking portfolio grew by 33.7% YoY at March 31, 2025. The rural portfolio grew by 5.1% YoY. Total advances increased by 13.3% YoY to ₹ 13,41,766 crore at March 31, 2025, the bank said.
Total period-end deposits increased by 14% YoY to ₹ 16,10,348 crore at March 31, 2025. The gross NPA ratio was 1.67% at March 31, 2025 compared to 1.96% at December 31, 2024. The net NPA ratio was 0.39% at March 31, 2025 compared to 0.42% at December 31, 2024.
The gross NPA additions during the quarter were ₹5,142 crore compared to ₹6,085 crore in the previous quarter.
Recoveries and upgrades of NPAs, excluding write-offs and sale, were ₹3,817 crore in Q4-2025 compared to ₹3,392 crore in Q3-2025.
The net additions to gross NPAs, excluding write-offs and sale, were ₹1,325 crore in Q4-2025 compared to ₹2,693 crore in Q3-2025.
The bank said it has written-off gross NPAs amounting to ₹2,118 crore in Q4-2025. There was sale of NPAs of ₹2,786 crore in Q4-2025 which consists of ₹1,605 crore of security receipts and ₹ 314 crore in cash.
The bank continues to hold 100% provisions against these security receipts. The provisioning coverage ratio on non-performing loans was 76.2% at March 31, 2025.
The bank continues to hold contingency provisions of ₹ 13,100 crore at March 31, 2025.
The bank’s total capital adequacy ratio at March 31, 2025 was 16.55% and CET-1 ratio
was 15.94% after reckoning the impact of proposed dividend compared to the minimum
regulatory requirements of 11.70% and 8.20% respectively.
Published – April 19, 2025 08:36 pm IST
