ICICI Bank Net Profit Rises 20.1% to 14,843 Crore Rupees

ICICI Bank reported a 20.1% increase in standalone net profit for the quarter ended September 30, 2026, reaching 14,843 crore rupees and exceeding analyst expectations. The growth was supported by a 30% annual increase in total advances and a 20.1% rise in fee income to 7,795 crore rupees, with retail, rural, and business banking customers contributing approximately 75% of those fees.

Net interest income rose 17.7% to 253.39 billion rupees, although the net interest margin contracted to 4.18% from 4.36% in the previous quarter. Asset quality improved during the period, as the gross non-performing asset ratio fell to 1.20% from 1.58% a year earlier, and the net NPA ratio dropped to 0.30%. Provisions excluding tax declined to 851 crore rupees.

The bank maintained a total capital adequacy ratio of 16.68%, remaining well above the regulatory minimum of 11.70%. During the quarter, the bank also invested 1,470 crore rupees to acquire an additional 2% stake in ICICI Life Insurance Ltd.