Are ICICI Bank latest results good or bad?

ICICI Bank has reported a strong financial performance for the quarter ending March 2025, highlighting significant growth across several key metrics. The bank's Gross Non-Performing Assets (NPA) have reached a record low of 1.67%, continuing a downward trend over the past five quarters, which reflects a reduction in the proportion of stressed loans and enhances the bank's overall financial health.
In terms of profitability, ICICI Bank achieved its highest Net Interest Income at Rs 21,192.94 crore, demonstrating consistent growth each quarter. The Interest Earned also peaked at Rs 42,430.80 crore, indicating a robust core business performance. The Profit After Tax (PAT) reached Rs 12,629.58 crore, showcasing a positive trend in earnings. Additionally, the Operating Profit stood at Rs 10,404.18 crore, while Profit Before Tax (PBT) was recorded at Rs 9,513.48 crore, both reflecting strong operational efficiency. The Earnings per Share (EPS) also reached a high of Rs 17.73, benefiting shareholders.

However, it is noteworthy that ICICI Bank's Non-Operating Income remains a concern, constituting 43.28% of PBT, which may pose challenges for sustainable growth in the long term. The company saw an adjustment in its evaluation during this period, reflecting the changes in its financial metrics. Overall, the data indicates a solid operational performance for ICICI Bank in the reported quarter.