ICICI Bank reported its second quarter earnings on Saturday, October 26.

The lender made a net profit of ₹11,745.9 crore in the September quarter, higher than Street estimates of ₹11,029.8 crore. It was also 14.5% higher than the previous year’s ₹10,261 crore.

Its net interest income was ₹20,048 crore, compared to a CNBC-TV18 poll of ₹19,995.1 crore. The NII was 9.5% more than last year’s ₹18,307.9 crore.

ICICI Bank’s gross non performing assets (NPA) decreased to 1.97% from 2.15% in the first quarter of this fiscal. It reported a gross NPA of ₹27,121.15 crore, while in the June quarter it was ₹28,718.6 crore.

On the other hand, its net NPA was 0.42% for the September quarter, compared to 0.43% in the previous quarter. Its net NPA came in at ₹5,685.14 crore, while in the June quarter it was ₹5,684.8 crore.

ICICI Bank shares ended 0.55% higher at ₹1,259.6 apiece on Friday, October 25. The stock has gained 26.04% this year, so far.

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