ICICI Bank Q3 Results: Net Profit Rally 14.8% To Rs 11,792 Cr; Holds Stable Asset Quality

Today, ICICI Bank released its financial results for the third quarter of 2025, which ended on December 31, 2024. The bank's profit after tax increased from Rs 10,272 crore in Q3 2024 to Rs 11,792 crore in Q3 2025, a 14.8% year-on-year growth. In Q3 2025, ICICI Bank reported Net Interest Income (NII) of Rs 20,371 crore, up 9.1% year on year from Rs 18,678 crore in the same quarter of the previous fiscal year. From Rs 13,674 crore in Q3 2024 to Rs 15,660 crore in Q3 2025, the bank's profit before tax surged by 14.5% annually.

According to the bank, its core operating profit increased from Rs 14,601 crore in Q3 2024 to Rs 16,516 crore in Q3 2025, a 13.1% year-over-year growth. At December 31, 2024, net domestic advances increased by 3.2% sequentially and 15.1% annually. As of December 31, 2024, the retail loan portfolio accounted for 52.4% of the overall loan portfolio, growing by 10.5% annually and 1.4% sequentially. As of December 31, 2024, ICICI Bank reported that its overall advances had grown by 2.9% sequentially and 13.9% year over year to Rs 13,14,366 crore.

On December 31, 2024, total period-end deposits stood at Rs 15,20,309 crore, up 1.5% sequentially and 14.1% year-on-year. In Q3 2025, average deposits were Rs 14,58,489 crore, up 2.1% sequentially and 13.7% year on year. In Q3 2025, average current account deposits rose 4.5% sequentially and 13.1% YoY. In Q3 2025, average savings account deposits rose 1.3% sequentially and 12.3% annually.

On December 31, 2024, the gross non-performing asset ratio was 1.96%, while on September 30, 2024, it was 1.97%. On December 31, 2024, the net NPA ratio was 0.42%, up from 0.42% on September 30, 2024. In comparison with Rs 5,916 in Q12025 and Rs 5,073 crore in Q2-2025, the gross non-performing asset (NPA) additions in Q3-2025 were Rs 6,085 crore. Compared to Rs 2,624 in Q1-2025 and Rs 1,754 crore in Q2-2025, the net additions to gross non-performing assets (NPAs) in Q3-2025, excluding write-offs and sales, were Rs 2,693 crore.

In Q2 2025, ICICI Bank reported that its consolidated profit after tax climbed 16.6% year over year to Rs 12,883 crore from Rs 11,053 crore in Q3 2024. At December 31, 2024, consolidated assets were at Rs 25,31,488 crore, up 14.7% from December 31, 2023, when they were valued at Rs 22,08,018 crore.

The bank has a network of 6,742 branches and 16,277 ATMs and cash recycling machines as of December 31, 2024, after adding 129 branches in Q3 of 2025.