ICICI Bank Q2 Net Profit Jumps 20% to Rs 14,843 Crore on Strong Lending Growth
ICICI Bank Limited (NSE:ICICIBANK) reported a 20.1% increase in standalone net profit for the second quarter of FY 2026-27, reaching Rs 14,843 crore. The growth was supported by higher lending volume and lower provisions for bad loans. Net interest income grew 17.7% year-on-year to Rs 25,339 crore, while core operating profit climbed 21.8% to Rs 20,805 crore.
The bank expanded its total advances by 30% to Rs 18.32 lakh crore, alongside a 27.1% rise in deposits to Rs 20.50 lakh crore. Asset quality showed clear improvement as the gross non-performing asset ratio fell to 1.20% from 1.58% a year prior, while the net non-performing asset ratio edged down to 0.30%. On a consolidated basis, net profit reached Rs 16,333 crore, reflecting broad strength across operations.
Investors will monitor whether ICICI Bank can sustain its rapid loan expansion and asset quality gains in upcoming quarters. A key focus will be managing lending margins, as the net interest margin moderated to 4.18% in the second quarter compared to 4.30% a year earlier and 4.36% in the previous quarter.
Key points
- Standalone net profit grew 20.1% year-on-year to Rs 14,843 crore for the second quarter of FY 2026-27.
- Net interest income rose 17.7% year-on-year to Rs 25,339 crore, supported by a 30% increase in total advances.
- Asset quality improved with the gross NPA ratio falling to 1.20% and the net NPA ratio declining to 0.30%.
- Net interest margin narrowed to 4.18% from 4.30% in the year-ago quarter and 4.36% in the prior quarter.
- Total deposits rose 27.1% year-on-year to Rs 20.50 lakh crore at the end of September 2026.
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What was ICICI Bank's net profit in Q2 FY 2026-27?
ICICI Bank reported a standalone net profit of Rs 14,843 crore for Q2 FY 2026-27, marking a 20.1% year-on-year increase.
How did ICICI Bank's asset quality perform in Q2?
Asset quality improved, with the gross non-performing asset ratio dropping to 1.20% from 1.58% a year earlier, and the net non-performing asset ratio falling to 0.30% from 0.39%.
What was ICICI Bank's loan and deposit growth in Q2?
Total advances grew 30% year-on-year to Rs 18.32 lakh crore, while total deposits expanded 27.1% to Rs 20.50 lakh crore as of September 30, 2026.