ICICI Bank reported a Profit After Tax (PAT) of ₹148.05 bn in Q1-2027, representing a 15.9% YoY growth. The Bank’s total deposits stood at ₹18,335.86 bn, growing 14.0% YoY, while total advances reached ₹16,312.60 bn, a 19.6% YoY increase as of June 30, 2026. The Gross NPA ratio improved to 1.4% in Q1-2027, with a Net NPA ratio of 0.35% and a provision coverage ratio of 74.7%.

The Bank’s Net Interest Income (NII) rose to ₹880.75 bn in FY2026 from ₹743.06 bn in FY2024, with a Net Interest Margin (NIM) of 4.3% in FY2026. Return on Assets (RoA) was healthy at 2.49%, and Return on Equity (RoE) stood at 17.1% as of June 30, 2026. The Common Equity Tier 1 (CET-1) ratio was 16.19%, and the Total Capital Adequacy Ratio was 16.84% as of June 30, 2026.

Operating Performance

The Bank’s core operating income for Q1-2027 was ₹329.60 bn, a 9.4% increase over the previous quarter. Operating profit before provisions for the same period was ₹203.86 bn. Provisions and contingencies decreased by 30.6% in Q1-2027 compared to the prior quarter.

Balance Sheet Growth

Liabilities and assets showed robust growth. Net worth increased to ₹3,534.91 bn as of June 30, 2026. Total assets reached ₹24,324.26 bn, driven primarily by the growth in advances.

Key Ratios

ICICI Bank filed its annual report in Form 20-F for the year ended March 31, 2026, with the US Securities and Exchange Commission on July 20, 2026. The filing reveals a consolidated net income of Rs. 56,037 crore (US$ 5,972 million) under US GAAP, compared to a consolidated profit after tax of Rs. 54,208 crore (US$ 5,777 million) under Indian GAAP. Stockholders' equity under US GAAP stood at Rs. 409,093 crore (US$ 43.6 billion), significantly higher than the consolidated net worth of Rs. 363,060 crore (US$ 38.7 billion) reported under Indian GAAP.

The reconciliation between the two accounting standards highlights key differences primarily relating to allowance for loan losses, business combinations, consolidation, valuation of securities and derivatives, amortization of fees and costs, securitization, income taxes, and fixed assets. The Audit Committee of the Board approved the consolidated financial statements included in the report.

Financial Reconciliation

The following table summarizes the key financial metrics under both accounting standards as of March 31, 2026:

Regulatory Filing Details

Pursuant to its issuance and listing of securities in the United States, icici bank is required to file the annual report in Form 20-F as per US securities laws and regulations. The document includes the Bank's consolidated financial statements prepared under Indian GAAP, along with the required reconciliation to US GAAP and a description of the differences between the two frameworks.

Copies of the Form 20-F are available on the SEC website or the Bank's website under the "About Us/Annual reports" section. Shareholders may obtain a copy of the complete audited financial statements free of charge by writing to the Company Secretary at ICICI Bank Towers, Bandra Kurla Complex, Mumbai, or via email.