ICICI Bank Q2 net profit rose 20% YoY to Rs 14,843 crore.
Context
What happened: ICICI Bank reported Q2 results with net profit up 20% YoY to Rs 14,843 crore and net interest income up 17.7% YoY to Rs 25,339 crore.
Key numbers: Net profit Rs 14,843 crore, up 20% YoY. NII Rs 25,339 crore, up 17.7% from Rs 21,529 crore. NIM 4.18% vs 4.36% in Q1FY27 and 4.30% in Q2FY26. Gross NPA 1.20%, net NPA 0.30%.
Why it matters: Net NPA ratio declined to 0.30% from 0.35% in the previous quarter and 0.39% a year earlier, while NIM narrowed from the prior quarter. The bank also acquired an additional 2% stake in ICICI Life Insurance Limited for Rs 1,470 crore.
What changed
ICICI Bank reported Q2 results with net profit up 20% YoY to Rs 14,843 crore and net interest income up 17.7% YoY to Rs 25,339 crore.
Why it matters
Net NPA ratio declined to 0.30% from 0.35% in the previous quarter and 0.39% a year earlier, while NIM narrowed from the prior quarter. The bank also acquired an additional 2% stake in ICICI Life Insurance Limited for Rs 1,470 crore.