ICICI Bank Q4FY22 net profit at Rs 7,019, up 59% YoY

New Delhi: Private lender ICICI Bank on Saturday reported its profit after tax during Q4FY22 at Rs 7,019 crore, up 59.4 percent year-on-year from the same quarter last fiscal.

The net interest income (NII) of the lender increased by 21 percent year-on-year to Rs 12,605 crore in Q4, from Rs 10,431 crore reported in the same quarter last fiscal.

Besides, non-interest income, excluding treasury income, of the lender increased by 11 percent year-on-year to Rs 4,608 crore in Q4, against Rs 4,137 crore in Q4FY21.

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Net NPA ratio declined to 0.76 percent sequentially as on March 31, 2022 from 0.85 percent on December 31, 2021, the lender said in a statement.

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