ICICI Bank announced its Q2-2027 financial results, showcasing robust performance across key metrics. Profit before tax, excluding treasury income, grew by 23.4% year-on-year to ₹199.54 billion. Core operating profit also saw a substantial increase of 21.8% year-on-year, reaching ₹208.05 billion. The bank’s asset quality remained stable with a net NPA ratio of 0.30%. Deposits grew by 27.1% year-on-year, and total advances increased by 30.0% year-on-year.
ICICI Bank Reports Strong Q2-2027 Financial Performance
ICICI Bank today released its financial results for the second quarter and first half ended September 30, 2026, indicating a period of strong growth and sustained financial health. The bank highlighted significant improvements in its earnings and a healthy expansion in its balance sheet.
Key Financial Highlights
Earnings Growth
Profit before tax (excluding treasury income) witnessed a substantial year-on-year increase of 23.4%, reaching ₹199.54 billion for Q2-2027. On a sequential basis, it grew by 5.2%. Core operating profit also demonstrated strong momentum, growing by 21.8% year-on-year to ₹208.05 billion, and by 2.8% quarter-on-quarter. Profit after tax rose by 20.1% year-on-year to ₹148.43 billion.
Asset Quality
The bank maintained a strong asset quality profile. The Net NPA ratio stood at 0.30% as of September 30, 2026, an improvement from 0.35% on June 30, 2026. Gross NPAs saw net additions of ₹12.13 billion in Q2-2027, compared to ₹13.86 billion in Q2-2026. The provision coverage ratio was robust at 75.0%.
Deposits and Advances
Period-end total deposits grew by an impressive 27.1% year-on-year and 11.8% quarter-on-quarter, reaching ₹20,498.74 billion as of September 30, 2026. Average deposits also showed healthy growth, increasing by 21.2% year-on-year. The bank’s loan portfolio expanded significantly, with total loans growing by 30.0% year-on-year and 12.3% quarter-on-quarter to ₹18,315.80 billion.
Capital Adequacy
ICICI Bank maintained a strong capital position. The Common Equity Tier 1 ratio was 16.01%, and the Total capital adequacy ratio stood at 16.68% as of September 30, 2026.
Source: BSE
