Mumbai, April 18: ICICI Bank reported a 9% year-on-year rise in consolidated net profit to ₹14,755 crore for the January–March quarter (Q4 FY26), supported by steady core income growth and a sharp decline in provisions.
Net interest income (NII) increased 8% YoY to ₹22,979 crore, reflecting stable lending growth and margin performance. Total income rose to ₹84,613.66 crore from ₹79,747.77 crore in the year-ago period.
Interest earned during the quarter stood at ₹49,593.75 crore, while non-interest income—comprising insurance premiums and other operating revenues—grew significantly to ₹35,019.91 crore, indicating strong diversification of revenue streams.
Operating profit (before provisions and contingencies) climbed to ₹21,004.88 crore. Notably, provisions declined sharply to ₹260.67 crore from ₹2,646.52 crore in the previous quarter, supporting bottom-line growth.
On the balance sheet front, total assets expanded to ₹29.14 lakh crore, compared to ₹26.42 lakh crore a year ago. Deposits grew to ₹18.30 lakh crore, while gross advances increased to ₹16.44 lakh crore, highlighting sustained credit demand and franchise strength.
Total expenditure for the quarter stood at ₹63,608.78 crore, including employee costs of ₹6,256.82 crore.
The bank also announced a dividend of ₹12 per equity share, subject to shareholder approvals.
Shares of ICICI Bank ended marginally higher at ₹1,352.80 on the National Stock Exchange of India, gaining 0.54% on Friday.
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