ICICI Bank , one of India's leading private sector banks, has reported a 5.2% year-on-year increase in net profit for the quarter ended September 30, 2025 (Q2-2026). The bank's performance was marked by steady growth in core operating profit and improvements in asset quality.

Key Financial Highlights

• Net profit rose to ₹12,359.00 crore (US$ 1.40 billion) in Q2-2026, up from ₹11,746.00 crore in Q2-2025.
• Core operating profit grew by 6.5% year-on-year to ₹17,078.00 crore (US$ 1.90 billion).
• Net interest income (NII) increased by 7.4% to ₹21,529.00 crore (US$ 2.40 billion).
• Net interest margin stood at 4.30% for the quarter.

Asset Quality Improvement

The bank's asset quality showed significant improvement:

• Gross NPA ratio decreased to 1.58% at September 30, 2025, compared to 1.97% a year ago.
• Net NPA ratio improved to 0.39%, down from 0.42% in the previous year.

Loan and Deposit Growth

ICICI Bank reported robust growth in both loans and deposits:

• The domestic loan portfolio grew by 10.6% year-on-year to ₹13,75,260.00 crore (US$ 154.90 billion).
• Total period-end deposits increased by 7.7% year-on-year to ₹16,12,825.00 crore (US$ 181.60 billion).

Capital Adequacy

The bank maintains a strong capital position:

• Total capital adequacy ratio stood at 17.00% as of September 30, 2025.
• CET-1 ratio was 16.35%, well above the minimum regulatory requirement of 8.20%.

New Independent Director Appointment

In a significant board-level change, ICICI Bank's Board of Directors has approved the appointment of Ms. Vijayalakshmi Iyer as an Additional (Independent) Director. Her term will commence from December 1, 2025, to May 31, 2030, subject to shareholder approval. Ms. Iyer brings nearly four decades of experience in the banking and finance sector, having previously served as the Chairman and Managing Director of Bank of India.

Management Commentary

While the bank did not provide specific management quotes in the release, the overall results reflect ICICI Bank's continued focus on balanced growth and improved asset quality. The appointment of Ms. Iyer to the board is expected to bring valuable insights and strengthen the bank's governance structure.

Outlook

ICICI Bank's performance in Q2-2026 demonstrates its resilience and ability to grow in a challenging economic environment. The bank's focus on retail lending, improved asset quality, and strong capital position positions it well for future growth. However, the bank will need to navigate ongoing economic uncertainties and potential regulatory changes in the banking sector.

ICICI Bank , one of India's leading private sector banks, is expected to report muted quarterly results for Q2. Here's a breakdown of the projected financial performance and key points to watch:

Projected Q2 Financial Results

Key Performance Indicators

• Net Interest Margins: Expected to decline by 14 basis points sequentially to 4.20% from 4.34%, primarily due to the impact of repo rate cut transmission on yields.
• Total Advances: Likely to expand 10% year-on-year to ₹14.04 lakh crore.
• Deposit Growth: Expected at 9% to ₹16.39 lakh crore.

Asset Quality Improvements

• Slippages: Projected to moderate to ₹54,283.00 crore from ₹62,450.00 crore.
• Credit Cost: Expected to ease to 0.40%.
• The improvement is attributed to reduced stress in Kisan Credit Card and agricultural loan segments.

Investor Focus

Investors will be closely watching the management's commentary on:

• Margin trajectory
• Loan growth outlook

Q2FY26 Results Announcement

ICICI Bank has scheduled the announcement of its Q2FY26 financial results for October 18. The Board of Directors will meet to approve the unaudited standalone and consolidated results on this date. An earnings call is set for 5 p.m. IST on the same day.

Trading Window Closure

As part of regulatory compliance, ICICI Bank has implemented a trading window closure for designated persons from October 1 to October 20.

Employee Stock Option Allotment

In a separate development, ICICI Bank has made an allotment under its Employee Stock Option Scheme:

As investors and analysts await the Q2FY26 results, these projections and recent developments provide a snapshot of ICICI Bank's current position and expected performance. The upcoming earnings call will likely offer more detailed insights into the bank's actual results and strategic direction.