Q4FY23 Quarterly Result Announced for ICICI Bank Ltd.
ICICI Bank announced Q4FY23 results: Core operating profit (profit before provisions and tax, excluding treasury income) grew by 36.4% YoY to Rs 13,866 crore (USD 1.7 billion) in Q4FY23 Core operating profit less provisions grew by 34.7% YoY to Rs 12,247 crore (USD 1.5 billion) in Q4FY23 Profit after tax grew by 30.0% YoY to Rs 9,122 crore (USD 1.1 billion) in Q4FY23 Core operating profit grew by 28.1% YoY to Rs 49,139 crore (USD 6.0 billion) in FY23 Core operating profit less provisions grew by 43.0% YoY to Rs 42,473 crore (USD 5.2 billion) in FY23 Profit after tax grew by 36.7% YoY to Rs 31,896 crore (USD 3.9 billion) in FY23 Total deposits grew by 10.9% YoY to Rs 11,80,841 crore (USD 143.7 billion) till March 31, 2023 Average CASA ratio was 43.6% in Q4FY23 Domestic loan portfolio grew by 20.5% YoY Net NPA ratio declined to 0.48% on March 31, 2023, from 0.55% on December 31, 2022 Provision coverage ratio on non-performing assets was 82.8% on March 31, 2023 Total capital adequacy ratio was 18.34% and Tier-1 capital adequacy ratio was 17.60% on a standalone basis on March 31, 2023 Result PDF24-04-2023
