ICICI Bank's September-quarter profit climbs 20% as lending expands 30%

what happened

ICICI Bank posted a 20.1% year-on-year increase in standalone net profit for the second quarter of FY27, reaching Rs 14,843 crore, TradingView reports. Growth came from higher interest income, strong lending and larger fee income.

Net interest income rose 17.7% to Rs 25,339 crore in the quarter ended September 30, 2026. Total advances reached Rs 18.32 lakh crore, up 30%, while deposits climbed 27.1% to Rs 20.50 lakh crore.

Consolidated profit was Rs 16,333 crore, against Rs 13,357 crore a year earlier. The net interest margin narrowed to 4.18% from 4.36% in the prior quarter, and the gross NPA ratio fell to 1.20%.

why it matters

For markets, the figures point to solid earnings momentum at a major private-sector lender, with asset quality improving and capital ratios well above regulatory minimums. The narrower margin and a treasury loss of Rs 230 crore show that market conditions and rates still weigh on results. Investors tracking Indian banks will watch whether loan growth holds in the coming quarters.

market impact

Indian banks: strong loan growth and profit at ICICI support sentiment toward the sector and ICICI Bank shares

tags

instruments