ICICI Bank Q4 Results Preview: ICICI Bank will announce its January-March quarter results for the financial year 2024-25 (Q4FY25) on Saturday, April 19, 2025, after performing well in the previous quarter due to better asset quality and loan growth.
Most D-Street analysts and domestic brokerages forecast a decent and steady growth in Q4FY25 for India’s second-largest lender by market capitalisation, driven by loan growth and deposits.
An average brokerage estimate indicates that ICICI Bank’s net profit is likely to grow 10-12 percent in the March quarter, while net interest income (NII) growth is estimated to be over nine percent. Net interest margin (NIM) and deposit growth are key monitorable metrics.
NIM reflects the margin that the bank earns in its core lending business and is a key profitability metric. ICICI Bank shares have rallied 10 percent so far this year and nearly 32 percent in a year. The banking giant has delivered a return of 15 per cent to investors in the last three months.
On Thursday, ICICI Bank shares closed 3.68 percent higher at ₹1,406.65 on the BSE. The private sector bank has a market capitalisation of ₹10,01,948.86 crore.
What brokerages expect from ICICI Bank’s fourth quarter scorecard:
ICICI Bank is expected to post a strong performance in the fourth quarter, supported by healthy business growth and further improvement in asset quality. Analysts, on average, expect the bank’s net profit to grow 12.3 percent in the current quarter and NII is likely to grow 9.2 percent year-on-year. Margins are also expected to expand during the quarter.
Axis Securities:
ICICI Bank’s net profit is likely to grow 12.7 percent YoY in the March quarter, and NII is likely to grow 9.3 percent YoY. The private lender’s business growth is likely to remain healthy in the March quarter.
The bank’s margins are expected to move with a negative bias. The bank’s operating expense growth will remain modest.
Credit costs will remain controlled, and asset quality is unlikely to see any major challenges. Key monitorables for the bank in Q4FY25 include comments on NIM outlook and growth in unsecured book.
Equirus Securities:
ICICI Bank’s net profit is likely to grow 11.7 percent YoY, while NII may grow 8.5 percent. The brokerage expects strong advances/deposit growth of 4/4.5 percent sequentially in the March quarter.
NIM is likely to decline marginally by around five basis points quarter-on-quarter. The bank’s controlled credit cost trends are expected to continue.
