ICICI Bank Q3 Results: Profit zooms 34% to Rs 8,312 cr, beats estimates; NII up 35%

India's second largest private sector lender ICICI Bank today reported 34.2% year-on-year (YoY) increase in its standalone profit after tax to Rs 8,312 crore in the December quarter. The bank's net interest income (NII) increased by 34.6% YoY to Rs 16,465 crore in Q3. ICICI Bank's net interest margin increased to 4.65% in Q3 compared to 3.96% in the year-ago period and 4.31% in Q2 of the current financial year.

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