ICICI Bank Q1 Results: Net Profit Rises 15.9% YoY To Rs 14,805 Crore; NII Up 12.7%

The country’s second-largest private sector lender had posted a standalone net profit of Rs 12,772 crore in the corresponding quarter last year.

NIM at 3.26%

Net interest margin (NIM) stood at 3.26 percent on total assets and 3.40 percent based on interest-earning assets during the quarter.

Deposits and advances register double-digit growth

Average deposits grew 10.8 percent year-on-year to Rs 30.39 lakh crore, while the bank’s advances increased 13.3 percent to Rs 30.12 lakh crore as of June 30, 2026.

Asset quality remains strong

On the asset quality front, the bank reported a gross non-performing asset (GNPA) ratio of 1.17 percent as of June 30, 2026, compared with 1.15 percent at the end of March 2026 and 1.40 percent a year earlier.

The net non-performing asset (NNPA) ratio stood at 0.41 percent of net advances at the end of the June quarter.

Provisions and contingencies for the quarter were Rs 3,060 crore, while the total credit cost ratio stood at 0.40 percent.

Capital position and profitability

ICICI Bank reported a return on assets (RoA) of 1.85 percent for the June quarter.

The bank’s capital adequacy ratio (CAR) under Basel III norms stood at 19.6 percent as of June 30, 2026, compared with 19.9 percent a year earlier, indicating a comfortable capital buffer to support future growth.

Branch network expands

As of June 30, 2026, ICICI Bank’s distribution network comprised 9,694 branches, up from 9,499 branches a year earlier.

Stock performance

Shares of ICICI Bank closed 1.4 percent higher at Rs 819.60 on Friday ahead of the earnings announcement. The stock has declined 17.2 percent so far in 2026, compared with a 6.9 percent fall in the Nifty 50.

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