Noida, Apr 18 (APAC Media): ICICI Bank on Saturday reported an 8.5% year-on-year increase in net profit to Rs 13,702 crore for the fourth quarter of FY26, compared to Rs 12,630 crore in the corresponding quarter last year.
The bank’s core income showed steady growth during the quarter, supported by strong business momentum. Net interest income (NII) rose 8.4% year-on-year to Rs 22,979 crore, aided by robust loan expansion and stable margins. Meanwhile, non-interest income (excluding treasury) grew 5.6% to Rs 7,415 crore.
The board has also approved a dividend of Rs 12 per share for the financial year, subject to the approval of shareholders.
One of the standout features of the quarter was the sharp reduction in provisions, which fell considerably both quarter-on-quarter and year-on-year. The decline suggests lower stress levels in the bank’s asset book and stronger recoveries.
The gross non-performing assets (GNPA) ratio declined to 1.40% from 1.67% a year ago and 1.53% in the preceding quarter.
Operating expenses rose 12% year-on-year to Rs 12,089 crore, reflecting continued investments in business expansion and infrastructure development.
The bank also approved the annual renewal of its fund-raising limits through the issuance of debt securities, allowing it to raise up to Rs 25,000 crore in domestic markets and up to $1.5 billion in overseas markets.
For the full financial year FY26, the bank reported a 6.2% increase in post-tax profit.
Profit after tax stood at Rs 50,147 crore.
Overall, ICICI Bank’s Q4 performance highlights steady earnings growth, improved asset quality, and a stronger balance sheet, supported by lower credit costs and sustained business expansion.
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