India's largest private sector bank ICICI Bank reported a rise of 14.10% in its standalone profit to Rs 28.89 billion for the quarter ended Dec. 31, 2014 from Rs 25.32 billion in the same period last year. Analysts on average had predicted net profit of Rs 29.23 billion.

Total income was at Rs 155.27 billion, an increase of 8.92% over Rs 142.56 billion for the same quarter, a year ago.
 
On consolidated basis, for the quarter ended Dec 2014, the bank has reported 13.68% higher profit after tax of Rs 32.65 billion against Rs 28.72 billion in Dec 2013. Quarterly income was at Rs 230.54 billion, an increase of 12.22% over Rs 205.43 billion for the same quarter, a year ago.

Net interest margin improved to 3.46% in Q3-2015 compared to 3.32% in Q3-2014. The bank reported total capital adequacy of 17.57% and Tier-1 capital adequacy of 12.96% on standalone basis at Dec. 31, 2014, including profits for the nine months ended Dec. 31, 2014.

Non-interest income increased by 10% to Rs 30.91 billion in Q3-2015 from Rs 28.01 billion in Q3-2014. Provisions were at Rs 9.80 billion in Q3-2015 compared to Rs 8.50 billion in Q2-2015 and Rs 6.95 billion in Q3-2014.

Shares of the company declined Rs 23.1, or 6.08%, to trade at Rs 356.85. The total volume of shares traded was 1,443,931 at the BSE (2.21 p.m., Friday).