MUMBAI: Non-public sector lender ICICI Financial institution on Saturday stated its March 2024 quarter consolidated web grew 18.5 per cent to Rs 11,672 crore. It had reported a web revenue of Rs 9,853 crore within the year-ago interval.
On a standalone foundation, the second largest personal sector lender confirmed a 17.4 per cent progress in its revenue after tax at Rs 10,708 crore for the reporting quarter towards Rs 9,122 crore within the year-ago interval.
The core web curiosity earnings elevated 8.1 per cent to Rs 19,093 crore on a 16.8 per cent progress in loans and a marginal compression in web curiosity margin to 4.40 per cent.
The non-interest earnings, excluding the efficiency of the treasury, got here at Rs 5,930 crore, 15.7 per cent greater than the year-ago interval.
The provisions greater than halved to Rs 718 crore for the reporting quarter, as per the alternate submitting by the lender.
On a standalone foundation, the second largest personal sector lender confirmed a 17.4 per cent progress in its revenue after tax at Rs 10,708 crore for the reporting quarter towards Rs 9,122 crore within the year-ago interval.
The core web curiosity earnings elevated 8.1 per cent to Rs 19,093 crore on a 16.8 per cent progress in loans and a marginal compression in web curiosity margin to 4.40 per cent.
The non-interest earnings, excluding the efficiency of the treasury, got here at Rs 5,930 crore, 15.7 per cent greater than the year-ago interval.
The provisions greater than halved to Rs 718 crore for the reporting quarter, as per the alternate submitting by the lender.
