ICICI Bank Q1 Results: ICICI Bank’s profit in the June quarter increased by 15.4% to ₹12,768 crore. This was better than analyst estimates. Know what was the condition of NPA and why there was a jump in provisioning.
ICICI Bank Q1 Results: The country’s leading private lender ICICI Bank has posted strong results for the June quarter (Q1 FY26). The bank’s standalone net profit rose 15.4% year-on-year to ₹12,768 crore, beating brokerage estimates. The CNBC-TV18 poll had estimated a profit of ₹11,747 crore.
Strong increase in net interest income
The bank’s core income or net interest income (NII) stood at ₹21,635 crore, up 10.6% from the same quarter last year. It was also higher than CNBC-TV18’s estimate of ₹20,923 crore.
NPA stable, but provisioning increased
The asset quality of the bank remained stable. Gross NPA remained stable at 1.67% like the March quarter. At the same time, net NPA increased marginally to 0.41%. It was 0.39% in the previous quarter. However, a big jump was seen in provisioning. It increased from ₹ 890 crore in the March quarter to ₹ 1,814 crore.
Status of ICICI Bank shares
ICICI Bank shares closed 0.6% higher at ₹ 1,426.70 on Friday. The stock has been flat so far this month, but has gained 11% so far in 2025. It is now just 3% below its all-time high of ₹ 1,471. In the last 1 year, the stock has given a return of 14.26%.
What is the business of ICICI Bank?
ICICI Bank is the second largest private bank in the country, offering retail and corporate banking services. Its business model is based on diversified financial products such as lending, deposit taking, insurance, mutual funds and digital banking.
The major strength of the bank is its strong technology, branch network and digital platform, which helps it reach out to customers across the country.
(Disclaimer: The views and investment advice expressed on businessleague.in are the personal views and opinions of the investment experts. businessleague advises users to consult certified experts before taking any investment decision.)
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
