ICICI Bank, India's second-largest private bank in terms of m-cap, recorded an 18% year-on-year (YoY) rise in its Jan-March quarter profit at Rs 12,630 crore, driven by 11% year-on-year increase in its net interest income (NII) to ₹21,193 crore in Q4-2025 from ₹19,093 crore in Q4-2024. For the full fiscal year, profit grew 15.5% YoY to ₹47,227 crore in FY2025, the banking giant said in an exchange filing today.

Net interest margin was 4.41% in Q4 FY25 compared to 4.40% in Q4 FY24. For the full fiscal year, the net interest margin stood at 4.32%. Provisions, excluding provision for tax, were ₹891 crore in Q4 FY25, an increase from ₹718 crore in Q4 FY24.

The ICICI Bank board has recommended a dividend of ₹11 per share for FY2025, subject to requisite approvals.

Credit growth

ICICI Bank says its net domestic advances grew by 13.9% year-on-year and 2.2% sequentially as of March 31, 2025. The retail loan portfolio grew by 8.9% year-on-year and 2.0% sequentially, and comprised 52.4% of the total loan portfolio as of March 31, 2025. Domestic loan portfolio grew by 13.9% year-on-year to ₹13,10,981 crore at March 31, 2025. Total advances increased by 13.3% year-on-year and 2.1% sequentially to ₹13,41,766 crore at March 31, 2025.

Deposit growth

ICICI Bank's period-end deposits increased by 14% year-on-year and 5.9% sequentially to ₹16,10,348 crore at March 31, 2025. Average deposits increased by 11.4% year-on-year and 1.9% sequentially to ₹14,86,635 crore in Q4 2025. With the addition of 241 branches during Q4 FY25, the bank had a network of 6,983 branches and 16,285 ATMs & cash recycling machines as of March 31, 2025.

Asset quality

In terms of asset quality, the gross NPA ratio was 1.67% as of March 31, 2025, compared to 1.96% as of December 31, 2024. The net NPA ratio was 0.39% at March 31, 2025, compared to 0.42% at December 31, 2024. The Bank wrote off gross NPAs amounting to ₹2,118 crore in Q4 FY25. "The bank continues to hold 100% provisions against these security receipts. The provisioning coverage ratio on non-performing loans was 76.2% as of March 31, 2025," says the bank.

On consolidated basis

On a consolidated basis, ICICI Bank recorded a 15.7% YoY rise in profit to ₹13,502 crore in Q4 FY25 from ₹11,672 crore in Q4 FY24. Consolidated assets grew by 11.8% year-on-year to ₹26,42,241 crore from ₹23,64,063 crore in the year-ago period.