ICICI Bank Profit Sees Massive Jump

ICICI Bank reported a strong financial performance for the April–June quarter of FY2026-27. On a standalone basis, the bank posted a net profit of ₹14,804 crore, a growth of 15.95% compared to ₹12,768 crore in the corresponding quarter last year. Consolidated net profit increased 13.88% to ₹15,440 crore from ₹13,558 crore. Net Interest Income (NII) rose 12.7% year-on-year to ₹24,384 crore, supported by healthy growth in lending and deposits.

The bank's loan portfolio expanded by nearly 20%, while deposits grew 14% during the quarter. Other income, excluding treasury income, increased 16% to ₹8,425 crore, while treasury income stood at ₹151 crore. Asset quality improved further, with Gross Non-Performing Assets (GNPA) declining to 1.38% from 1.67% a year ago. Provisions reduced to ₹1,260 crore, and the Capital Adequacy Ratio remained strong at 16.84% as of June 30, 2026, reflecting the bank's robust financial position.