ICICI Bank, the country's largest private sector bank, reported an in-line with estimates Profit After Tax (PAT) of Rs 2,655 crore. This is against Rs 2,274.2 crore, up 16.7% YoY. An ET Now Poll had estimated the net profit to come in at Rs 2,585 crore.
The NII for the first quarter of the current financial year was reported at Rs 4,492 crore versus Rs 3,820.5 crore, up 17.5% YoY. An ET Now Poll had expected the NII to be Rs 4,461 crore.
The net interest margins came in at 3.4% versus 3.35% quarter-on-quarter. The Gross NPAs were reported at 3.05% versus 3.03% QoQ. The Net NPAs came in at 0.99% versus 0.97% QoQ.
The NII for the first quarter of the current financial year was reported at Rs 4,492 crore versus Rs 3,820.5 crore, up 17.5% YoY. An ET Now Poll had expected the NII to be Rs 4,461 crore.
The net interest margins came in at 3.4% versus 3.35% quarter-on-quarter. The Gross NPAs were reported at 3.05% versus 3.03% QoQ. The Net NPAs came in at 0.99% versus 0.97% QoQ.
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