ICICI Bank Q3 net profit falls 4 percent on-year to Rs 11,318 crore as provisions weigh; asset quality stable -

ICICIBANK

ICICI Bank Q3 net profit falls 4 percent on-year to Rs 11,318 crore as provisions weigh; asset quality stable -

ICICI Bank on Saturday reported a 4 percent year-on-year decline in standalone net profit for the fiscal third quarter, weighed down by a sharp rise in provisions, even as core operating performance remained stable and asset quality improved. The country's second-largest private sector lender posted a standalone net profit of Rs 11,317.9 crore for the quarter ended December 31, 2025 (Q3 FY26), compared with Rs 11,792.4 crore in the corresponding quarter last year. Net interest income (NII) increased 7.7 percent year-on-year to Rs 21,932 crore in Q3 FY26 from Rs 20,371 crore in Q3 FY25, while net interest margin was 4.30 percent in the quarter, compared with 4.25 percent in the year-ago period and 4.30 percent in Q2 FY26, the bank said in a statement filed with the stock exchanges. Operating expenses rose 13.2 percent year-on-year to Rs 11,944 crore from Rs 10,552 crore. The bank said this included Rs 145 crore of provisions on an estimated basis pursuant to the new Labour Codes. Treasury movements also weighed on the quarter, with the bank reporting a treasury loss of Rs 157 crore, compared with a gain of Rs 371 crore in Q3 FY25. Core operating profit grew 6.0 percent year-on-year to Rs 17,513 crore in Q3 FY26, reflecting steady growth in net interest income and fee income. All this is for information This is not a buy/sell recommendation. Thank you, Technofunda24