ICICI Bank Reports Strong Growth and Declares Dividend for FY2026

ICICI Bank has announced robust financial results for the quarter and year ended March 31, 2026. The Bank reported a standalone annual profit after tax of ₹50,147 crore, a 6.2% growth compared to the previous fiscal year. Following this strong performance, the Board of Directors has recommended a dividend of ₹12 per equity share for FY2026, subject to approval by the members at the upcoming Annual General Meeting.

Financial Highlights

ICICI Bank’s performance for FY2026 reflects significant growth across core parameters. The Bank achieved a standalone profit after tax of ₹50,147 crore, while the consolidated profit after tax reached ₹54,208 crore, representing a 6.2% year-on-year increase. The Bank’s total advances grew by 15.8% to ₹15,53,893 crore, and total deposits reached ₹17,94,625 crore, an 11.4% increase year-on-year as of March 31, 2026.

Asset Quality and Capital Strength

The Bank maintained healthy asset quality throughout the period. The net NPA ratio stood at 0.33% as of March 31, 2026, an improvement from 0.39% in the same period the previous year. Furthermore, the Bank remains well-capitalized with a capital adequacy ratio of 17.18%, demonstrating its resilience and readiness for future business expansion.

Dividend and Strategic Developments

In recognition of the strong financial results, the Board has recommended a dividend of ₹12 per equity share for FY2026. In addition to financial performance, the Board approved the annual renewal of fund-raising limits, including non-convertible debentures in domestic markets up to ₹250 billion and bonds/notes in overseas markets up to USD 1.50 billion. The Bank also announced the extension of the tenure of Mr. G. Srinivas as Group Chief Risk Officer until July 31, 2028.

Source: BSE

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