ICICI Bank reported a steady financial performance for the January–March quarter (Q4 FY26), posting a 9% year-on-year rise in consolidated net profit to ₹14,755 crore, driven by stable core income growth and a significant reduction in provisions.
The bank’s net inNet interest income (NII) grew 8% YoY to ₹22,979 crore, reflecting sustained lending and stable margins. Total income was ₹84,613.66 crore, up from ₹79,747.77 crore last year. During the quarter, the bank’s total income stood at ₹49,593.75 crore, while non-interest income rose to ₹35,019.91 crore, supported by growth in insurance premiums and other fee-based revenues—underscoring the bank’s continued focus on diversifying its income streams.
Operating profit before provisions rose to ₹21,005 crore. Provisions fell sharply to ₹261 crore from ₹2,647 crore in the prior quarter, boosting profitability and reflecting improved asset quality.
Total assets rose to ₹29.14 lakh crore from ₹26.42 lakh crore. Deposits were ₹18.30 lakh crore and gross advances ₹16.44 lakh crore, reflecting strong market positioning and credit demand.
Total expenditure for the quarter was ₹63,609 crore, including ₹6,257 crore in employee costs.
The bank’s board has recommended a dividend of ₹12 per equity share for FY26, subject to shareholder approval.
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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