Icicibank Ltd — Q3 FY24
ICICI Bank reported a strong Q3 FY24 with PAT growing 23.6% YoY to ₹102.72 billion, driven by robust loan growth of 18.5% YoY and stable asset quality.
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.
Q2 FY24
Full-year NIM similar to FY23
Management expects net interest margin for FY24 to be at a similar level as FY23 (4.53%), with some moderation from Q2 levels.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY24
Continued branch expansion
The bank added 174 branches in Q2 and 350 in H1, with plans to continue expanding based on micro-market opportunities.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1