BANK EARNINGS
ICICI Bank Q2 profit rises 20.1% to Rs 14,843 crore
ICICI Bank reported Q2 FY27 net profit of Rs 14,843 crore, up 20.1% from a year earlier. Net interest income increased 17.7%, while its interest margin narrowed and both gross and net bad-loan ratios declined.
BharatVox ·
ICICI Bank reported a 20.1% year-on-year increase in net profit to Rs 14,843 crore for the second quarter of FY27, against Rs 12,359 crore a year earlier. Economic Times Markets reported the results on October 17, citing the private lender’s regulatory filing.
Net interest income—the difference between interest earned and interest paid—rose 17.7% to Rs 25,339 crore from Rs 21,529 crore in Q2 FY26. The increase came alongside a narrower net interest margin, even as the bank reported lower bad-loan ratios.
BharatVox Graphic
ICICI Bank's quarterly ratios
Q2 FY26
Year-earlier quarter
Net interest margin: 4.30%; gross NPA ratio: 1.58%; net NPA ratio: 0.39%.
Q1 FY27
Preceding quarter
Net interest margin: 4.36%; gross NPA ratio: 1.38%; net NPA ratio: 0.35%.
Q2 FY27
Latest quarter
Net interest margin: 4.18%; gross NPA ratio: 1.20%; net NPA ratio: 0.30%.
Interest margin narrows; bad-loan ratios improve
Net interest margin stood at 4.18% in Q2 FY27, below 4.36% in the preceding quarter and 4.30% in the year-earlier period.
The gross non-performing asset ratio fell to 1.20% as of September 30, 2026, from 1.38% in the previous quarter and 1.58% a year earlier. The net NPA ratio also declined, reaching 0.30%, compared with 0.35% in the preceding quarter and 0.39% on September 30, 2025.
Fresh additions to gross NPAs were Rs 4,833 crore during the quarter, lower than the Rs 5,034 crore recorded in Q2 FY26.
Deposit growth differs with FCNR(B) balances excluded
Period-end deposits rose 27.1% year-on-year to Rs 20.49 lakh crore as of September 30, 2026. Excluding Foreign Currency Non-Resident (Bank), or FCNR(B), deposits, growth was 17%.
Average deposits increased 21.2% from a year earlier to Rs 18.88 lakh crore during Q2 FY27. That measure tracks balances across the quarter rather than only at its close.
Provisions decline; capital ratios exceed minimums
Provisions stood at Rs 851 crore, down from Rs 914 crore in Q2 FY26. At September-end, the bank held Rs 13,100 crore in contingency provisions.
It also held Rs 1,283 crore in additional standard asset provisions, made in Q3 FY26 following Reserve Bank of India directions relating to its agricultural priority-sector portfolio.
The total capital adequacy ratio was 16.68% as of September 30, against a regulatory minimum of 11.70%. The Common Equity Tier 1 ratio, a measure of core equity capital, stood at 16.01%, compared with the minimum requirement of 8.20%.
Consolidated income and assets rise
On a consolidated basis, net income increased to Rs 16,333 crore in Q2 FY27 from Rs 13,357 crore a year earlier.
Assets rose 22.6% year-on-year to Rs 32.93 lakh crore as of September 30, 2026, compared with Rs 26.86 lakh crore a year earlier.
Fact-check this story · Source: Economic Times Markets: ICICI Bank Q2 Results: Net profit jumps 20% YoY to Rs 14,843 crore, NII rises 18%. This AI-assisted account is based on the linked source, not independent on-the-ground reporting by BharatVox. Any opinion is separately labelled.
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