ICICI Bank announced its financial results for the quarter and year ended March 31, 2026. The Bank reported a solid performance with a 6.2% year-on-year growth in profit after tax for FY2026, exceeding ₹50,000 crore. The Board has recommended a dividend of ₹12 per share. Key growth drivers included significant expansion in retail, rural, and business banking portfolios, alongside a maintained Net Interest Margin of 4.32%.
Annual Financial Highlights
For the financial year ended March 31, 2026, ICICI Bank demonstrated steady financial growth. The consolidated profit after tax for FY2026 grew by 6.2% year-on-year to ₹54,208 crore. For the Q4 (January-March) quarter, the Bank’s profit after tax rose by 8.5% year-on-year to ₹13,702 crore. The Board of Directors has recommended a dividend of ₹12 per share for the fiscal year, subject to requisite approvals.
Robust Growth Across Segments
The Bank’s strategic focus on a 360-degree customer-centric approach yielded strong results across key business areas. The total loan portfolio grew by 15.8% year-on-year at March 31, 2026. Notable sector performances included the business banking portfolio rising by 24.4% year-on-year, and the mortgage portfolio growing by 13.2% year-on-year. Retail loans now constitute 41.7% of the total portfolio, reflecting the Bank’s continued commitment to diversified lending.
Asset Quality and Digital Transformation
Asset quality metrics remained healthy, with the Net NPA ratio improving to 0.33% at March 31, 2026, compared to 0.37% in the previous quarter. The Bank continued its push into digital banking by enhancing the iMobile app and InstaBIZ platform to provide streamlined experiences for individual and business customers. Furthermore, the launch of iMobile Global specifically targets the needs of NRI customers, offering consolidated views of domestic and international savings accounts.
Strategic Outlook
Looking ahead, the Bank remains focused on risk-calibrated growth. Despite geopolitical uncertainties and global supply chain concerns, management maintains a positive outlook on the Indian economy’s resilience. The Bank plans to leverage its strong capital adequacy ratio of 17.18% and high liquidity levels to capture growth opportunities across micromarkets and ecosystems while maintaining high standards of governance.
Source: BSE
