ICICI Securities Limited announced its financial results for the quarter ending December 31, 2024 (Q3 FY25), demonstrating consistent performance in revenue and profitability.
Key Financial Highlights (₹ in Crores):
- Revenue from Operations:
- Q3 FY25: ₹1,585.97 crore
- QoQ: Increased by 4.58% from ₹1,516.65 crore in Q2 FY25.
- YoY: Increased by 19.91% from ₹1,322.73 crore in Q3 FY24.
- Net Profit for the Period:
- Q3 FY25: ₹504.46 crore
- QoQ: Decreased by 4.66% from ₹529.04 crore in Q2 FY25.
- YoY: Increased by 8.34% from ₹465.69 crore in Q3 FY24.
- Total Income (Including Other Income):
- Q3 FY25: ₹1,585.90 crore
- QoQ: Grew by 5.20% from ₹1,507.09 crore in Q2 FY25.
- YoY: Improved by 19.86% from ₹1,323.26 crore in Q3 FY24.
- Total Expenses:
- Q3 FY25: ₹909.41 crore
- QoQ: Marginally increased by 1.34% from ₹895.94 crore in Q2 FY25.
- YoY: Increased by 30.01% from ₹699.36 crore in Q3 FY24.
Operational Highlights:
- Brokerage and Commission Income:
- Brokerage income rose to ₹462.53 crore, supported by higher market activity and trading volumes.
- Income from services improved to ₹426.32 crore, driven by growth in advisory and wealth management services.
- Cost Management:
- Expenses remained controlled despite a rise in employee benefit costs to ₹258.06 crore, reflecting investments in talent and technology.
ICICI Securities showcased stable financial performance in Q3 FY25, driven by robust revenue growth and effective cost management. Despite a slight sequential dip in net profit, the company demonstrated strong year-on-year growth, reflecting resilience in its core brokerage and advisory services.
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