Private sector lender ICICI Bank announced its earnings for the quarter ended June 2026 today, July 18. ICICI Bank posted a net profit of ₹14,804.50 crore, up 16% from ₹12,768.21 in the same period last year.
The bank reported healthy growth in its core lending business during the June quarter, with net interest income (NII) rising 12.7% year-on-year to ₹24,384 crore. The growth was driven by strong credit expansion and an improvement in margins. Net interest margin (NIM) for Q1 FY27 stood at 4.36%, compared with 4.34% in the corresponding quarter last year.
On the asset quality front, the bank continued to strengthen its balance sheet, with the gross non-performing asset (GNPA) ratio improving to 1.38% and the net non-performing asset (NNPA) ratio standing at 0.35% as of June 30, 2026.
The bank's total advances increased 19.6% year-on-year to ₹16,31,260 crore as of the end of the quarter, while total deposits grew 14% to ₹18,33,586 crore. The retail loan portfolio accounted for 49.2% of the overall loan book and registered 12% year-on-year growth.
The business banking portfolio grew by 28.2% YoY and the rural portfolio grew by 35.4% YoY in Q1FY27. The bank’s domestic corporate portfolio grew by 18.5% YoY in Q1 and the domestic advances grew by 18.8% compared to the same quarter last fiscal.
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