ICICI Bank has reported a strong financial performance for the first quarter of FY27, with standalone net profit rising 15.9% year-on-year to ₹14,805 crore for the quarter ended June 30, 2026, driven by healthy credit growth, higher operating income and stable asset quality. Profit before tax increased 13% to ₹19,126 crore, while profit before tax excluding treasury income rose 20.9% to ₹18,975 crore.
The bank's net interest income (NII) grew 12.7% year-on-year to ₹24,384 crore, supported by a stable net interest margin of 4.36%. Core operating profit increased 15.6% to ₹20,235 crore, while fee income surged 23.5% to ₹7,286 crore, with retail, rural and business banking contributing around 72% of total fees. Operating expenses rose 10.4% to ₹12,574 crore, while provisions declined to ₹1,260 crore from ₹1,815 crore a year ago.
The bank's total loan portfolio expanded 19.6% year-on-year to ₹16.31 lakh crore, led by strong growth in business banking, rural and corporate advances. Total deposits increased 14% to ₹18.34 lakh crore, while average deposits also grew 14%. During the quarter, ICICI Bank added 97 branches, taking its network to 7,608 branches and 12,190 ATMs and cash recycling machines.
Asset quality remained healthy, with the gross non-performing asset (NPA) ratio improving to 1.38% from 1.67% a year earlier, while the net NPA ratio stood at 0.35%. The bank maintained a strong capital position, with a capital adequacy ratio of 16.84% and CET-1 ratio of 16.19%. On a consolidated basis, net profit rose to ₹15,440 crore, while total assets increased 12.5% year-on-year to ₹30.02 lakh crore.