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ICICIBANK
ank on April 18 reported a robust 8.5% year-on-year increase in standalone net profit to ₹13,702 crore for the quarter ended March 31, 2026, compared to ₹12,630 crore in the year-ago period. The profit also jumped 21% sequentially from Q3 FY26, driven by steady operating income growth, sharply lower provisions, and strong asset quality.
Net interest income (NII) rose 8.4% to ₹22,979 crore. The bank maintained healthy loan growth while reporting one of its cleanest asset quality prints, with net NPA improving significantly. The board recommended a dividend of ₹12 per equity share for FY26, subject to shareholder approval.
This performance underscores ICICI Bank's resilient core operations amid a stable banking environment.#WatchOutFor#StockInNews#Miscellaneous
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