ICICI Bank posts a 22% surge in Q2 consolidated net profit.

ICICI Bank has reported its results for the second quarter ended September 30, 2026 (Q2FY27). The bank has reported a 20.10% rise in its net profit at Rs 14,843.03 crore for the quarter ended September 30, 2026, as compared to Rs 12,358.89 crore for the same quarter in the previous year. Total income increased by 15.86% to Rs 57,157.49 crore for Q2FY27 as compared to Rs 49,333.49 crore for the corresponding quarter of the previous year. On a consolidated basis, the bank has reported a 22.28% rise in its net profit at Rs 16,333.18 crore for Q2FY27, as compared to Rs 13,357.06 crore for the same quarter in the previous year. Total income increased by 15.78% to Rs 88,161.18 crore for Q2FY27 as compared to Rs 76,146.59 crore for the corresponding quarter of the previous year. View : - Scaled up by 17.7% YoY to ₹25,339 crore, supported by massive credit expansion. - Gross Non-Performing Asset (GNPA) ratio improved remarkably to 1.20% (down from 1.58% YoY). Net NPA dipped to a pristine 0.30%. - Final net income received a major boost as provisions and contingencies decreased 6.9% YoY to ₹851 crore. - Aggressive deposit growth altered funding dynamics, squeezing core returns and lowering the Net Interest Margin (NIM) from 4.36% to 4.18% this quarter. Management notes this margin compression may persist into Q3 before a sharp rebound in Q4.

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