ICICI Bank Q1 PAT rises 16% to ₹14,805 crore
ICICI Bank reported a 15.9% year-on-year increase in profit after tax to ₹14,805 crore for the first quarter of fiscal year 2027. The bank saw growth in net interest income and improvements in its asset quality metrics compared to the previous year.
Why it matters
As India's second-largest private sector bank, these financial results serve as a key indicator of the health of the Indian banking and financial services sector.
Beating analysts’ estimates, ICICI Bank Ltd —India’s second largest private sector bank— for the first quarter ended June 30, 2026 (Q1-2027) reported 15.9% YoY growth in profit after tax (PAT) to ₹14,805 crore.
Net interest income (NII) during the quarter increased by 12.7% YoY to ₹ 24,384 crore. Net interest margin was 4.36% in Q1-2027 compared to 4.32% in Q4-2026 and 4.34% in Q1-2026.
Provisions (excluding provision for tax) was ₹1,260 crore in Q1-2027 from ₹1,815 crore on the year ago period.
On June 30, 2026, the Bank continued to hold contingency provision of ₹ 13,100 crore and additional standard asset provision of ₹1,283 crore made in Q3- 2026 as directed by RBI in respect of the agricultural priority sector portfolio.
The gross NPA ratio was 1.38% at June 30, 2026 compared to 1.40% at March 31, 2026 and 1.67% at June 30, 2025.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in