ICICI Bank, India’s second largest private sector bank, reported a 5.2% growth in its standalone net profit for the second quarter of FY26 at ₹12,359 crore as compared to ₹11,746 crore in the corresponding quarter of last fiscal year.
Net interest income (NII) in Q2FY26 grew 7.4% to ₹21,529 crore from ₹20,048 crore, year-on-year (YoY).
Pre-provisions operating profit (PPOP) during the quarter ended September grew by 3.43% to ₹17,297.96 crore from ₹16,723.18 crore, YoY.
Provisions (excluding provision for tax) declined to ₹914.11 crore in Q2FY26 compared to ₹1,233.09 crore YoY, and ₹1,814.57 crore, QoQ.
Asset quality of the bank improved sequentially. Gross Non-Performing Assets (GNPA) in Q2FY26 declined 3.57% to ₹23,849.66 crore from ₹24,732.65 crore in the previous quarter. Net NPA decreased 2.41% to ₹5,827 crore from ₹5,971.09 crore, QoQ.
(More to come)