By Admin 
Icici bank: The board of ICICI Bank of the private sector has recommended a dividend of Rs 11 per share for the financial year 2024-25 after a spectacular performance in the fourth quarter. However, regulatory approval including shareholders is yet to be taken. A record date for dividend has not been announced yet.
The bank announced the results of the fourth quarter of FY 2024-25 on Saturday. During this time, the board of the bank said that its net profit on standalone basis has increased by 18 percent to Rs 12,630 crore. Whereas a year ago it was Rs 10,708 crore.
Total income increased so much throughout the financial year
At the same time, the bank’s net profit on the consolidated basis during the March quarter has reached Rs 13,502 crore with a gain of 15.7 percent. Pure income received from the bank’s interest (NII) 11 percent has increased to Rs 21,193 crore. On an annual basis, the total income has increased by 14 percent to Rs 49,690.87 crore, which was Rs 43,597.14 crore a year ago. Whereas in the entire financial year 2025, the bank’s total income increased to 191,770.48, which was Rs 165,848.71 crore a year ago.
Repo rate may have an impact on margin
However, during this time the bank indicated that the Reserve Bank of India may face some pressure on the margin in the near future due to the possibility of cutting interest rates. According to the TOI report, the bank’s executive director Sandeep Batra said on this, “The 53 percent share of the bank’s loan portfolio is linked to the repo rate.” At the same time, if we talk about the performance of the bank share, then the share of its share on BSE is Rs 1406.65, while the share value of the share is Rs 2. At the same time, if we talk about its market cap, then it is more than Rs 10 lakh crore.
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