ICICI Bank Q1 Results 2026: Net profit rises 16% to ₹14,804.50 crore
ICICI Bank reported a net profit of ₹14,804.50 crore for Q1 2026, reflecting a 16% increase from ₹12,768.21 crore in Q1 2025. The earnings announcement was made on July 18, 2026.
ICICI Bank Q1 Results 2026: Private sector lender ICICI Bank announced its earnings for the quarter ended June 2026 today, July 18. ICICI Bank posted a net profit of ₹14,804.50 crore, up 16% from ₹12,768.21 in the same period last year.
The bank reported healthy growth in its core lending business during the June quarter, with net interest income (NII) rising 12.7% year-on-year to ₹24,384 crore. The growth was driven by strong credit expansion and an improvement in margins. Net interest margin (NIM) for Q1 FY27 stood at 4.36%, compared with 4.34% in the corresponding quarter last year.
On the asset quality front, the bank continued to strengthen its balance sheet, with the gross non-performing asset (GNPA) ratio improving to 1.38% and the net non-performing asset (NNPA) ratio standing at 0.35% as of June 30, 2026.
The bank's total advances increased 19.6% year-on-year to ₹16,31,260 crore as of the end of the quarter, while total deposits grew 14% to ₹18,33,586 crore. The retail loan portfolio accounted for 49.2% of the overall loan book and registered 12% year-on-year growth.
The business banking portfolio grew by 28.2% YoY and the rural portfolio grew by 35.4% YoY in Q1FY27. The bank’s domestic corporate portfolio grew by 18.5% YoY in Q1 and the domestic advances grew by 18.8% compared to the same quarter last fiscal.
Board Approvals
The board approved the appointment of Mrugank Paranjape as an Additional (Independent) Director for a term beginning August 1, 2026, subject to shareholders' approval.
It also approved raising up to $2.50 billion through the issuance of bonds and notes in overseas markets.
ICICI Bank share performance
The lender ended 1.67% higher at ₹1,441.90 on BSE on Friday, July 17. The stock has been positive in recent times. It rose 8% in 1 month, 7% in 3 months, and around 2% in the last 1 year. However, in the long term, the bank gave multibagger returns, surging 119% in 5 years.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
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