Icicibank Ltd — Q4 FY24
ICICI Bank reported a strong Q4 FY24 with PAT growing 17.4% YoY to INR 107.08 billion, driven by robust core operating profit growth of 10.5% YoY and controlled provisions.
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.
Q3 FY24
Full-year NIM expected similar to last year
Management expects FY24 NIM to be similar to FY23, implying further compression in Q4 but at a lower pace than Q3.
Delivered
Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
heuristic_v1
Q3 FY24
Headcount additions to moderate
Employee additions will not continue at the pace of previous 4-5 quarters; Q3 saw only 1,700 additions vs ~10,000 in H1.
Delivered
Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
heuristic_v1
Q3 FY24
Personal loan growth to moderate further
Growth in personal loans may continue to moderate from current levels due to tighter credit parameters and pricing actions.
Delivered
Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
heuristic_v1