ICICI Bank Q2 profit jumps 20.1% to ₹14,843 crore

ICICI Bank Q2 profit jumps 20.1% to ₹14,843 crore; margins come under pressure

SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 CICI Bank reported a 20.1 per cent year-on-year increase in net profit to ₹14,843 crore for the quarter ended September 30, 2026, driven by strong growth in net interest income (NII). The bank posted a profit after tax (PAT) of ₹12,359 crore in the corresponding quarter of the previous fiscal year. However, PAT remained largely flat sequentially. Net interest income rises 17.7 per cent The bank’s net interest income (NII), the difference between interest earned and interest paid, rose 17.7 per cent to ₹R25,338.7 crore during the reporting quarter, compared with ₹21,529.5 crore a year earlier. On a quarter-on-quarter basis, NII increased 3.9 per cent to ₹24,384.4 crore. Loan book expands 30 per cent ICICI Bank’s loan book expanded 30 per cent year-on-year to ₹18.3 lakh crore in the second quarter of FY27, compared with ₹14.08 lakh crore in the same period last year. Advances grew 12 per cent sequentially. Excluding the leverage provided on FCNR(B) loans, the bank’s lending grew 24.1 per cent year-on-year and 7.3 per cent quarter-on-quarter. Deposits grow on FCNR(B) inflows Deposits rose 27.1 per cent to ₹20.4 lakh crore in the quarter under review, up from ₹16 lakh crore in the year-ago period. Sequentially, deposits rose 11.8 per cent to ₹18 lakh crore from ₹16 lakh crore in the previous quarter. FCNR(B) inflows contributed significantly to deposit growth. Excluding these NRI inflows, total deposits grew 17 per cent year-on-year and 3.1 per cent quarter-on-quarter as of September 30, 2026. All this is for information This is not a buy/sell recommendation. Thank you, Technofunda24