Whalesbook
Quarterly Earnings
ICICI Bank delivered a strong quarter-on-quarter performance. Net interest income (NII) increased by 4.8% to ₹22,979 crore, while non-interest income dipped slightly by 1.5%. Core operating income grew 3.2% to ₹30,394 crore. Profit before tax (PBT) surged 22.3% to ₹18,103 crore, resulting in a 21.1% increase in profit after tax (PAT) to ₹13,702 crore.
On a year-on-year basis, NII grew 8.4% to ₹22,979 crore, and PAT increased 8.5% to ₹13,702 crore. Core operating income rose 7.7%, though operating expenses increased by 12.0%.
Full Year Results & Balance Sheet
For the full financial year FY26, NII grew 8.5% to ₹88,075 crore, and PAT increased 6.2% year-on-year to ₹50,147 crore. Total advances expanded 15.8% to ₹15,53,893 crore, and total deposits grew 11.4% to ₹17,94,625 crore. The CASA ratio remained steady at around 41.4%. The bank maintained a stable net interest margin (NIM) of 4.32% and a strong Common Equity Tier 1 (CET1) ratio of 16.35%.
Asset Quality Improves
ICICI Bank's asset quality showed further improvement. The gross NPA ratio decreased to 1.40% from 1.67% year-on-year, while the net NPA ratio fell to 0.33% from 0.39%. The provision coverage ratio improved to 75.8%, demonstrating effective risk management.