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ICICI Bank Q3 Results: Net Profit Rises 25% On Higher Interest Income

Net profit rose 25.4% year-on-year to Rs 6,194 crore, the private lender said in its exchange filing. ICICI Bank added bad loans worth Rs 4,018 crore during the October to December quarter, as compared with Rs 5,578 crore added in Q2 and Rs 7,231 crore added in Q1. The bank also wrote off loans worth Rs 4,088 crore during the third quarter. Provisions for the quarter stood at Rs 2,007 crore, down 27% year-on-year.

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