NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Research Report
ICICI Bank Ltd. reported Q2 FY25 PAT of Rs 117 billion (+6.2% QoQ, +14% yoy) led by higher operating income growth and controlled opex increase.
A key positive surprise was that asset quality metrics continued to remain benign as opposed to an industrywide trend of deterioration.
This was despite the bank having compounded its unsecured portfolio faster than the sector (since the start of the rate cycle). Overall, a good set of results across all key parameters.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.