ICICI Bank’s standalone net profit increased 20.1% year-over-year to INR 14,843 crore for the July-September quarter of FY2026-27, according to its exchange filing.
The bank’s consolidated net profit rose 22.28% to INR 16,333.18 crore from INR 13,357.06 crore in the year-ago quarter.
During the quarter, the bank’s core net interest income (NII) rose by 17.7% to INR 25,339 crore, accompanied by a 30% expansion in its loan portfolio.
The net interest margin (NIM) decreased by 0.12 percentage points, settling at 4.18%.
A substantial part of the loan growth was supported by the Foreign Currency Non-Resident (FCNR-B) concessional swap scheme.
Excluding advances extended by its international branches against such deposits, loan growth stood at 24.1%, according to the bank’s statement.
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Overall deposit growth reached 27.1%, but without deposits from the Indian diaspora, it would have been 17%.
Provisions and contingencies for the bank decreased to INR 850.69 crore in the quarter, down from INR 914.11 crore in the same period the previous year.
ICICI Bank noted an enhancement in asset quality, with its gross non-performing asset (NPA) ratio falling to 1.20% in the September quarter.
As of September 30, 2026, the bank’s overall capital adequacy ratio was 16.68%, compared to 15.76% a year prior.
The quarterly results of ICICI Bank demonstrate growth in lending income, along with improvements in asset quality and capital adequacy.
