ICICI Bank shares climbed over 2% on Monday following the release of strong first-quarter earnings for the fiscal year 2025. The private sector lender reported a standalone net profit of ₹11,059.1 crore for the April-June quarter, marking a 14.6% increase from ₹9,648.2 crore in the same period last year. This impressive performance exceeded analysts’ expectations, driven by healthy treasury gains and dividends.
The bank’s net interest income (NII) also saw a year-on-year increase of 7.4%, rising to ₹19,553 crore from ₹18,226 crore. However, the net interest margin (NIM) decreased to 4.36% from 4.78% a year earlier and 4.40% in the previous quarter, attributed to an increase in the cost of funds.
As of midday trading, ICICI Bank shares were up 2.81%, trading at ₹1,241.10 on the NSE.
