ICICI Bank announced its Q2 FY2026 results, with a 9.1% year-on-year increase in profit before tax, excluding treasury, reaching ₹16,164 crore. Net interest income rose by 7.4% to ₹21,529 crore. The bank’s asset quality remained strong, with the net NPA ratio at 0.39%. The bank continues to focus on profitable growth and maintaining a strong balance sheet.
Financial Performance Highlights
ICICI Bank reported strong financial results for Q2 FY2026, demonstrating continued growth and stability. Key highlights include:
- Net interest income increased by 7.4% year-on-year to ₹21,529 crore.
- Net interest margin (NIM) was 4.30%, compared to 4.34% in Q1 FY2026.
- Fee income grew by 10.1% year-on-year to ₹6,491 crore.
- Core operating profit increased by 6.5% year-on-year to ₹17,078 crore.
- Profit before tax, excluding treasury, grew by 9.1% year-on-year to ₹16,164 crore.
- Profit after tax grew by 5.2% year-on-year to ₹12,359 crore.
Asset Quality and Capital Adequacy
The bank maintained a strong asset quality and capital position:
- Net NPA ratio was 0.39% as of September 30, 2025, compared to 0.41% as of June 30, 2025.
- Provisioning coverage ratio on non-performing loans was 75.0% as of September 30, 2025.
- CET-1 ratio was 16.35%, and the total capital adequacy ratio was 17.00% as of September 30, 2025.
Loan and Deposit Growth
ICICI Bank also reported healthy growth in loans and deposits:
- Domestic loan portfolio grew by 10.6% year-on-year.
- Retail loan portfolio grew by 6.6% year-on-year and constituted 42.9% of the total portfolio.
- Average deposits increased by 9.1% year-on-year.
Key Ratios and Network Expansion
Standalone RoE was 16.0% for Q2 FY2026. The bank expanded its branch network by opening 263 branches during the first half of the financial year, bringing the total network to 7,246 branches and 10,610 ATMs and cash recycling machines as of September 30, 2025.
Strategic Outlook
ICICI Bank remains focused on growing profit before tax excluding treasury, deepening coverage, enhancing delivery capabilities, and maintaining high governance standards to drive sustainable and profitable growth.
Source: BSE