ICICI Bank , India's second-largest private lender by assets, reported higher quarterly profit on Saturday, helped by healthy loan growth and net interest income, although its lending margins shrank.

ICICI Bank Ltd (IBN) reports a robust 14.8% increase in profit after tax, despite facing hurdles in its overseas operations.

The lender reported a net interest income of Rs 20,370.6 crore, reflecting a 9.1% increase from Rs 18,678 crore in the previous year.

ICICI bank clocked a 15 per cent increase in the net profit at Rs 11,792.42 crore in Q3 of FY25, in comparison to Rs 10,271.54 crore logged in the corresponding quarter a year earlier.

The bank expects NIMs to remain stable in the near term but the margins may come under pressure after the rate cut by the Reserve Bank of India.

As ICICI Bank profit beats analyst expectations, the results are expected to have a positive impact on the stock on Monday.

ICICI Bank's profit after tax increased by 14.8% year-on-year to Rs 11,792 crore for Q3-2024, driven by higher net interest income, fee earnings and a

ICICI Bank is estimated to report strong NII growth Q3FY25, with a modest rise in net profit. Analysts expect business growth to remain healthy, with elevated cost ratios, while margins are expected to witness a mild moderation.