ICICI Bank (ICICIBANK) — concall transcript

📢 Key Event
ICICI Bank reported Q3 FY24 earnings with strong profit growth and stable asset quality.

🔄 What Changed
Profit before tax grew 23.4% to ₹135.51 billion, core operating profit rose 10.3% to ₹146.01 billion, and net NPA remained flat at 0.44%.

🔮 What's Next
Management expects deposit cost repricing to continue into Q4 and Q1, with partial flow-through; unsecured loan growth moderation via pricing adjustments (~20-25 bps).

💡 Investor Takeaway
Shareholders see sustained profitability and capital strength, but should monitor credit cost trends and repricing impact on margins.

ICICI Bank reported strong Q3 FY24 growth with profit before tax up 23.4% to ₹135.51 billion, core operating profit up 10.3% to ₹146.01 billion, and profit after tax up 23.6% to ₹102.72 billion. Deposits grew 18.7% YoY, loans rose 18.8%, and net NPA held steady at 0.44%. Management highlighted digital adoption, risk-calibrated growth, and a 16.03% CET-1 capital ratio, while provisions rose to ₹10.50 billion amid rising credit costs.

📄 View Original Announcement (PDF)

📊 Stock Analysis — ICICIBANK ✨ Ask AI About This

About ICICI Bank Ltd (ICICIBANK)

Financial Services · Banks · Listed on BSE

Market Cap: ₹10,24,392.33 Cr P/E: 18.2 ROE: 16.4% ROCE: 28.8% Div Yield: 0.84%

View full ICICIBANK stock details →

📡 Get AI alerts when ICICIBANK files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track ICICIBANK — Free

💡 Ask AI about this filing

"How will deposit cost repricing affect net interest margin in Q4?" "What is the outlook for unsecured loan growth and margins?" "When will the full impact of rising provisions reflect in earnings?"

Ask AI Free →

📊 More ICICIBANK filings

See all ICICIBANK filings →

🔥 Also filed on 31 December 2023

ULTRACEMCO UltraTech Cement Ltd concall transcript BEL Bharat Electronics Ltd concall transcript INDIGO Interglobe Aviation Ltd concall transcript M&M Mahindra & Mahindra Ltd concall transcript SBIN State Bank of India concall transcript TITAN Titan Company Ltd concall transcript

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when ICICIBANK files new disclosures

Track ICICIBANK filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track ICICIBANK — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd