IBN Q3 2023 Earnings Report — ICICI Bank Limited Revenue & Financial Results | Market Cap Arena

ICICI Bank LimitedIBN

Q3 2023 Earnings

Reported December 30, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2023	Q2 2023	Q3 2022	QoQ Change	YoY Change
Revenue	$5.1B	—	$4.2B	—	20.1%
Op. Income	$1.3B	—	$979M	—	32.0%
Gross Margin	67.8%	—	68.6%	—	-0.8pp
Net Margin	18.4%	—	16.4%	—	2.0pp
EPS (Diluted)	$0.26	—	$0.20	—	34.1%
Free Cash Flow	$0	—	$0	—	—

Revenue Flow

Item	Amount
REVENUE	$5.1B
Cost of Revenue	$1.6B
GROSS PROFIT	$3.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$395M
SG&A Expenses	$395M
Other Expenses	$1.8B
Operating Expenses	$2.2B
Cost & Expenses	$3.8B
OPERATING INCOME	$1.3B
Interest Income	$3.4B
Interest Expense	$1.4B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$319M
Net Income from Continuing Ops	$973M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$934M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$934M
D&A	$0
EBIT	$1.3B
EBITDA	$1.3B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$5.1B
Cost of Revenue	$1.6B
GROSS PROFIT	$3.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$395M
SG&A Expenses	$395M
Other Expenses	$1.8B
Operating Expenses	$2.2B
Cost & Expenses	$3.8B
OPERATING INCOME	$1.3B
Interest Income	$3.4B
Interest Expense	$1.4B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$319M
Net Income from Continuing Ops	$973M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$934M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$934M
D&A	$0
EBIT	$1.3B
EBITDA	$1.3B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$925M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$925M
Change in Working Capital	$0
OPERATING CASH FLOW	$0
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$0
FREE CASH FLOW	$0
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$14.9B
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$14.9B
PP&E (Net)	$1.2B
Goodwill	$11M
Intangible Assets	$0
Long-Term Investments	$175.3B
Tax Assets	$0
Other Non-Current Assets	$9.1B
TOTAL NON-CURRENT ASSETS	$185.6B
TOTAL ASSETS	$200.4B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$122.4B
TOTAL CURRENT LIABILITIES	$122.4B
Long-Term Debt	$20.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$35.2B
TOTAL NON-CURRENT LIABILITIES	$55.6B
TOTAL LIABILITIES	$178.0B
Common Stock	$148M
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$21.5B
Other Equity	$68M
TOTAL STOCKHOLDERS' EQUITY	$21.7B
Minority Interest	$698M
TOTAL EQUITY	$22.4B
TOTAL LIABILITIES & EQUITY	$200.4B
Total Debt	$20.4B
Net Debt	$5.6B