ICICI Bank Q1 Results: Profit beats estimates, jumps 50% YoY to Rs 6,905 cr; NII up 21%

ICICI Bank on Saturday reported a 50 per cent year-on-year (YoY) rise in profit after tax (PAT) at Rs 6,905 crore compared with Rs 4,616 crore in the same quarter last year. The bank said its net interest income (NII) rose 21 per cent YoY to Rs 13,210 crore compared with Rs 10,936 crore in the same quarter last year. Net Interest Margin (NIM) for the quarter came in at 4.92 per cent.

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