ICICIBANK

Q1 Earnings: Net Profit Rises 16% to ₹14,805 Crore, Tops Estimates; Asset Quality Sees Further Improvement

delivered a robust performance in the June quarter, with standalone net profit increasing 15.95% year-on-year to ₹14,804.5 crore, ahead of market expectations. Strong growth in net interest income (NII), stable margins, and continued improvement in asset quality supported the earnings. The lender's NII rose 12.7% year-on-year to ₹24,384.35 crore, surpassing analysts' projections of ₹23,689 crore. Profit after tax also exceeded estimates of ₹13,616 crore. The bank's net interest margin (NIM) expanded to 4.36% in Q1 FY27 from 4.32% in the preceding quarter and 4.34% in the corresponding period last year. Asset quality strengthened further during the quarter, with the gross non-performing asset (GNPA) ratio improving to 1.38% as of June 30, 2026, compared with 1.40% at the end of March and 1.67% a year earlier. The net NPA ratio remained healthy at 0.35%. I Bank shares closed at ₹1,444.30 on Friday, gaining 1.84% for the session. The stock has rallied 8.7% so far in 2026, outperforming the benchmark Nifty 50, which has fallen 6.9% over the same period. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.