ICICI Bank reported a 9% increase in net profit for the March 2026 quarter, reaching Rs 13,702 crore. The rise was fueled by steady loan growth and a sharp decline in provisions. Total advances grew 16%, bolstered by business banking and rural segments.
ICICI Bank announced its Q4 FY26 results, showing net profit climbing to Rs 13,702 crore from the previous year. This 9% growth came amid stable expansion in loans and lower provisions against potential losses, as detailed in the bank's financial disclosures reported by The Economic Times. The bank's management highlighted these factors as key to the improved bottom line. Advances totaled a 16% year-on-year increase, with notable strength in business banking and rural lending portfolios. ICICI Bank also sustained a healthy net interest margin, reflecting efficient operations between lending and deposit rates. Asset quality remained stable, indicating controlled risks in its loan book. These results underscore the bank's resilience in a competitive sector, though full-year figures were not detailed in the initial disclosures.