Beating analysts’ estimates, ICICI Bank Ltd —India’s second largest private sector bank— for the first quarter ended June 30, 2026 (Q1-2027) reported 15.9% YoY growth in profit after tax (PAT) to ₹14,805 crore.
Net interest income (NII) during the quarter increased by 12.7% YoY to ₹ 24,384 crore. Net interest margin was 4.36% in Q1-2027 compared to 4.32% in Q4-2026 and 4.34% in Q1-2026.
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On June 30, 2026, the Bank continued to hold contingency provision of ₹ 13,100 crore and additional standard asset provision of ₹1,283 crore made in Q3- 2026 as directed by RBI in respect of the agricultural priority sector portfolio.
The gross NPA ratio was 1.38% at June 30, 2026 compared to 1.40% at March 31, 2026 and 1.67% at June 30, 2025.
The net NPA ratio was 0.35% at June 30, 2026 compared to 0.33% at March 31, 2026 and 0.41% at June 30, 2025.
The gross NPA additions were ₹5,552 crore in Q1-2027 compared to ₹6,245 crore in the year ago period.
Recoveries and upgrades of NPAs, excluding write-offs and sale, were ₹ 2,845 crore during the quarter compared to ₹ 3,211 crore a year ago. The net additions to gross NPAs, excluding write-offs and sale, were ₹ 2,707 crore in Q1-2027 compared to ₹ 3,034 crore a year ago.
The Bank has written-off gross NPAs amounting to ₹ 1,673 crore in Q1-2027. The provisioning coverage ratio on non-performing loans was 74.7% at June 30, 2026.
On June 30, 2026, the Bank holds total provisions, other than specific provisions on fund- based outstanding to borrowers classified as non-performing, amounting to ₹22,963 crore or 1.4% of loans.
These provisions include the contingency provisions of ₹13,100 crore as well as general provision on standard assets, provisions held for non-fund based outstanding to borrowers classified as non- performing, loan and non-fund based outstanding to standard borrowers.
The Bank also continued to hold additional standard asset provision of ₹ 1,283 crore made in Q3-2026 as directed by RBI in respect of the agricultural priority sector portfolio.
The Bank’s total capital adequacy ratio at June 30, 2026 was 16.84% and CET-1 ratio was 16.19% compared to the minimum regulatory requirements of 11.70% and 8.20% respectively.
During the quarter the bank’s total advances increased by 19.6% YoY and 5.0% sequentially to ₹ 16,31,260 crore at June 30, 2026.
The retail loan portfolio grew by 12.0% YoY and comprised 49.2% of the total loan portfolio at June 30, 2026, the bank said in a filing.
The business banking portfolio grew by 28.2% YoY at June 30, 2026. The rural portfolio grew by 35.4% and domestic corporate portfolio grew by 18.5% YoY.
The domestic advances grew by 18.8% YoY at June 30, 2026. Total period-end deposits increased by 14% to ₹ 18,33,586 crore at June 30, 2026. The consolidated profit after tax increased to ₹ 15,440 crore in the quarter from ₹ 13,558 crore a year ago.
