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MUMBAI: ICICI Financial institution on Saturday stated its consolidated web revenue for the December quarter jumped 25.7% to Rs 11,052.60 crore, up from Rs 8,792.42 crore. The second largest non-public sector lender posted a 23.6% rise in standalone web revenue for the third quarter of the present fiscal to Rs 10,272 crore.
The financial institution’s core web curiosity earnings was up 13.4% to Rs 18,678 crore, on the again of web curiosity margin narrowing to 4.43% and the home advances development coming at 18.8%.
The financial institution’s different earnings grew 19.8% to Rs 5,975 crore throughout the reporting quarter.
Its provisions got here all the way down to Rs 1,049.37 crore from the Rs 2,257.44 crore within the year-ago interval, serving to the revenue development.
The financial institution’s core web curiosity earnings was up 13.4% to Rs 18,678 crore, on the again of web curiosity margin narrowing to 4.43% and the home advances development coming at 18.8%.
The financial institution’s different earnings grew 19.8% to Rs 5,975 crore throughout the reporting quarter.
Its provisions got here all the way down to Rs 1,049.37 crore from the Rs 2,257.44 crore within the year-ago interval, serving to the revenue development.
