Winning Bizness Desk

Mumbai. ICICI Bank, India's second-largest private lender, recorded a 14% year-on-year growth in standalone net profit, reaching ₹11,746 crore in the July-September quarter, compared to ₹10,261 crore in the same period last year. On a quarterly basis, the profit increased by 6.21%, up from ₹11,059 crore in Q1 FY25.

Key Financial Highlights

Total Income Surge: The bank’s total income rose 17.24% annually to ₹47,714 crore in Q2 FY25, up from ₹40,697 crore in the prior-year quarter. On a quarterly basis, income grew 3.73% from ₹45,997 crore in Q1.

Net Interest Income (NII) Growth: ICICI Bank's NII saw a 9.5% year-on-year increase, reaching ₹20,048 crore, up from ₹18,308 crore last year. Compared to Q1, NII grew 2.53% from ₹19,553 crore.

Stock Performance and Market Cap

ICICI Bank shares have delivered a solid 38.62% return to investors over the past year, closing at ₹1,259 on Friday, with a market cap of ₹8.85 lakh crore. The stock gained 13.69% over the last six months alone.

ICICI Bank was established in 1955

ICICI Bank Limited is an Indian multinational bank and financial services company, headquartered in Mumbai. It was established in 1955 on the initiative of the World Bank, Government of India and Indian Industry Representative. In 1999, ICICI became the first Indian company and the first non-Japanese Asian bank to be listed on the New York Stock Exchange. The Chief Executive Officer of ICICI Bank is Sandeep Bakshi.