ICICI Bank Q3 Concall – Financial Performance Snapshot

ICICI Bank highlighted resilient core performance in its Q3 concall, supported by stable margins and healthy earnings, despite regulatory provisions and one-off costs. Key Financial Takeaways Net Interest Income (NII): ₹21,932 crore, up 7.7% YoY Net Interest Margin (NIM): 4.3%, management expects margins to remain rangebound Core Operating Profit: ₹17,513 crore, up 6% YoY, reflecting steady core operations Profitability Metrics Reported PAT: ₹11,318 crore Adjusted PAT (excluding RBI-mandated agri PSL provision): ₹12,280 crore, up 4.1% YoY Return on Assets (ROA): 2.11% reported; 2.29% on an adjusted basis Cost & One-offs Operating expenses: up 13.2% YoY Included ₹145 crore impact from the new labour code Impact: Positive Strong core earnings, stable margins, and disciplined cost management underscore ICICI Bank’s resilient performance, despite regulatory provisions and one-off expenses. If you found this post helpful, do follow me for more such insights!