Icicibank Ltd — Q1 FY25
ICICI Bank reported a solid Q1 FY25 with PAT growing 14.6% YoY to INR 110.59 billion, driven by core operating profit growth of 11% YoY and strong fee income growth of 13.4% YoY.
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q4 FY24
NIM expected to be range-bound near current levels
Management expects net interest margin to remain range-bound in the near term until a rate cut occurs, with only modest further moderation possible.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q4 FY24
Operating expense growth to moderate
Management expects the pace of operating expense growth to moderate from the high levels seen in the last 12-15 months, driven by slower headcount additions and sourcing cost optimization.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q4 FY24
Credit cost to remain below 50 bps
Management indicated that credit costs, adjusted for seasonality, should remain under 50 basis points, with no dramatic increase expected.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1