ICICI Bank's Q2 Net Profit Rises to ₹123.6 Billion, Asset Quality Improves

ICICI Bank , one of India's leading private sector banks, has reported a robust financial performance for the second quarter of the current fiscal year. The bank's results show significant growth in profitability and improvements in asset quality.

Key Financial Highlights

Metric	Q2 (Current Year)	Q2 (Previous Year)	Change
Net Profit	₹123.60 billion	₹117.00 billion	+5.6%
Revenue	₹417.60 billion	₹405.00 billion	+3.1%
Gross NPA	1.58%	1.67% (QoQ)	-0.09%
Net NPA	0.39%	0.41% (QoQ)	-0.02%

Profitability and Revenue Growth

ICICI Bank has demonstrated solid year-over-year growth in its financial performance. The bank's net profit for the second quarter increased to ₹123.60 billion, up from ₹117.00 billion in the same quarter of the previous year, marking a 5.6% growth. This rise in profitability indicates the bank's ability to maintain its earnings momentum despite challenging market conditions.

The bank's revenue also showed positive growth, rising to ₹417.60 billion from ₹405.00 billion year-over-year, representing a 3.1% increase. This growth in revenue suggests that ICICI Bank has been successful in expanding its business activities and income streams.

Improved Asset Quality

One of the most notable aspects of ICICI Bank's Q2 results is the improvement in its asset quality metrics:

The Gross Non-Performing Assets (GNPA) ratio improved to 1.58% from 1.67% quarter-over-quarter.
The Net Non-Performing Assets (NNPA) ratio decreased to 0.39% from 0.41% quarter-over-quarter.

These improvements in both GNPA and NNPA ratios indicate that ICICI Bank has been effective in managing its loan portfolio and reducing the proportion of stressed assets. This trend is particularly significant in the current economic environment, as it reflects the bank's prudent risk management practices and the quality of its loan book.

Conclusion

ICICI Bank's Q2 results paint a picture of a financial institution that is maintaining its growth trajectory while simultaneously improving its asset quality. The increase in net profit and revenue, coupled with the reduction in non-performing assets, suggests that the bank is well-positioned to capitalize on opportunities in the Indian banking sector. As the economy continues to recover, ICICI Bank's strong performance may provide it with a solid foundation for future growth and expansion.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.32%	-3.78%	-2.19%	-4.26%	+8.96%	+227.07%

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.