ICICI Bank Profit Rises 20% as Bad-Loan Ratios Improve
The lender reported higher quarterly net interest income, lower non-performing loan ratios and strong growth in deposits and its loan portfolio.
Key takeaways
- Second-quarter net profit rose 20.1% year on year to Rs 14,843 crore.
- Net interest income increased 17.7% to Rs 25,339 crore.
- The gross NPA ratio fell to 1.20% as of September 30, 2026.
- Period-end deposits grew 27.1% year on year to Rs 20.49 lakh crore.
ICICI Bank reported second-quarter net profit of Rs 14,843 crore, up 20.1% from a year earlier. Net interest income rose 17.7% to Rs 25,339 crore, the bank said in a regulatory filing.
Net interest margin, the difference between interest earned and paid, was 4.18% in Q2FY27. That compared with 4.36% in the previous quarter and 4.30% a year earlier.
The gross non-performing asset ratio stood at 1.20% as of September 30, down from 1.38% in the previous quarter and 1.58% a year earlier. The net NPA ratio declined to 0.30%, while gross NPA additions were Rs 4,833 crore, compared with Rs 5,034 crore in the year-earlier quarter.
Period-end deposits increased 27.1% year on year to Rs 20.49 lakh crore. The bank’s loan portfolio grew 30% to Rs 18.31 lakh crore, and provisions fell to Rs 851 crore from Rs 914 crore a year earlier.
On a consolidated basis, net income increased to Rs 16,333 crore from Rs 13,357 crore. Assets grew 22.6% year on year to Rs 32.93 lakh crore as of September 30.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
