ICICI Bank Q2 Standalone Net Profit Jumps 20.1% to Rs 148.43 Billion; Core NII Up 17.7%
MUMBAI — ICICI Bank (NYSE: IBN), India's second-largest private-sector lender, reported results for the second quarter of fiscal 2027, ended September 30, 2026, on October 17, with the board approving the results at its meeting in Mumbai the same day. Standalone net profit grew 20.1% to Rs 148.43 billion, from Rs 123.59 billion a year earlier, while consolidated net profit jumped 22.28% to Rs 163.33 billion, from Rs 133.57 billion.
Core net interest income grew 17.7% to Rs 253.39 billion, and the net interest margin stood at 4.18%, compared with 4.30% a year earlier and 4.36% in the preceding quarter. Core operating profit grew 21.8% to Rs 208.05 billion. Fee income grew 20.1% to Rs 77.95 billion, with retail, rural and business banking customers contributing about 75% of fees. Total advances grew 30.0% year over year — 24.1% excluding loans by international branches against foreign-currency non-resident deposits — and total deposits grew 27.1%, or 17% on the same adjusted basis.
Provisions and contingencies fell to Rs 8.51 billion from Rs 9.14 billion a year earlier. The gross non-performing asset ratio improved to 1.20%, from 1.38% a quarter ago and 1.58% a year earlier, and the net NPA ratio fell to 0.30%. Overall capital adequacy stood at 16.68% as of September 30, 2026, with a CET1 ratio of 16.01%. The bank recorded a treasury loss of Rs 2.3 billion for the quarter, compared with a gain of Rs 2.2 billion a year earlier.
Published by GSM · USA (original Chinese edition)
Photo: ICICI 银行资料图（Wikimedia Commons） / ICICI Bank image (Wikimedia Commons)
