HDFC & ICICI Bank report strong earnings with record profits in Q1

Jul 20, 2025 - 05:30
HDFC & ICICI Bank report strong earnings with record profits in Q1

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HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced a bonus issue and dividend, with net profit rising 12.2%. ICICI Bank's net profit grew by 15.4%, driven by income growth, while both lenders expressed caution regarding margin pressures and certain retail lending segments.

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