ICICI Bank Gross Margin 2010-2024 | IBN
- ICICI Bank average gross margin for 2023 was 71.27%, a 3.26% decline from 2022.
- ICICI Bank average gross margin for 2022 was 73.67%, a 0.54% decline from 2021.
- ICICI Bank average gross margin for 2021 was 74.07%, a 2.98% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.