ICICI Bank ends flat after hitting 52-week high on Q4 earnings boost

ICICI Bank’s shares closed flat on Monday, despite a rise of over 2 percent during the day, following the company’s announcement of a 15.7 percent increase in consolidated net profit for the March quarter, reaching Rs 13,502 crore.

The firm’s shares rose by 2.15 percent to Rs 1,437 — its highest level in 52 weeks — throughout the day on the BSE. It ultimately concluded at Rs 1,409.40, rising by 0.20 percent.

On the NSE, the company’s shares surged 2.08 percent, hitting a 52-week peak of Rs 1,436 during intra-day trading. The stock ultimately closed at Rs 1,408.10, increasing by 0.10 percent. The 30-share BSE Sensex surged 855.30 points, or 1.09 percent, to finish above the 79,000 level at 79,408.50. The NSE Nifty rose by 273.90 points or 1.15 percent, finishing at 24,125.55.

The firm’s earnings were revealed on Saturday. On an individual basis, the net profit of the second largest private lender for the January-March quarter stood at Rs 12,630 crore, an increase of 18 percent compared to Rs 10,708 crore in the same quarter last year.

The primary net interest income increased by 11 percent to Rs 21,193 crore, up from Rs 19,093 crore in the same period last year.

The non-interest revenue, barring treasury, rose by 18.4 percent to Rs 7,021 crore. The gross non-performing assets ratio enhanced to 1.67 percent at the close of March 2025, up from 1.96 percent in December 2024.