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ICICI Financial institution Q3 Outcomes: ICICI Financial institution on Saturday reported 15 per cent rise in standalone web revenue at Rs 11,792 crore for the third quarter ended December 2024.
The second-largest non-public sector lender had earned a web revenue of Rs 10,272 crore in the identical quarter a 12 months in the past.
Whole revenue elevated to Rs 48,368 crore from Rs 42,792 crore in the identical interval a 12 months in the past, ICICI Financial institution mentioned in a regulatory submitting.
Curiosity revenue elevated to Rs 41,300 crore through the quarter below evaluate as in comparison with Rs 36,695 crore within the year-ago interval.
On the asset high quality entrance, the financial institution’s gross non-performing belongings ratio improved to 1.96 per cent as towards 2.3 per cent a 12 months in the past.
Equally, web NPAs, or dangerous loans, got here all the way down to 0.42 per cent from 0.44 per cent on the finish of the third quarter final fiscal 12 months.
Nonetheless, the general provisions, excluding tax elevated to Rs 1,227 crore through the quarter from Rs 1,049 crore a 12 months in the past.
Provision protection ratio on non-performing loans was 78.2 per cent as on December 31, 2024.
Capital Adequacy Ratio rose to 14.71 per cent from 14.61 per cent on the finish of the third quarter of the earlier monetary 12 months.
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