ICICI Bank Reports 8% Rise in Net Profit to Rs 13,702 Crore, Announces Rs 12 Dividend
ICICI Bank Reports 8.5% Jump in Standalone Net Profit for Q4 FY26
ICICI Bank, a leading private lender, has reported an 8.5% increase in standalone net profit for the quarter ended March 31, 2026, at Rs 13,702 crore. This marks a significant growth from the previous year's net profit of Rs 12,629.58 crore.
The bank's profit surged 21.06% sequentially from Q3 FY26, driven by steady operating income growth, dramatically lower provisions, and a clean asset quality print. The lender's net interest income (NII) print stood at Rs 22,979 crore, up from Rs 21,193 crore a year earlier, marking a growth of Rs 1,786 crore or 8.43%.
A notable aspect of ICICI Bank's quarterly performance is the sharp decline in provisions. These fell to Rs 96.16 crore from Rs 890.70 crore a year earlier, representing a decline of 89.20%. This dramatic drop in provisions directly contributed to the bank's improved profitability.
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| Financial Metrics | Q4 FY26 | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Net Profit (Standalone) | Rs 13,702 crore | Rs 11,341.45 crore | Rs 12,629.58 crore |
| Net Interest Income (NII) | Rs 22,979 crore | Rs 21,341.58 crore | Rs 21,193 crore |
| Provisions | Rs 96.16 crore | Rs 2,554.28 crore | Rs 890.70 crore |
Pre-tax profit (PBT) surged 22.31% sequentially to Rs 18,102.95 crore from an implied Rs 14,802.60 crore in Q3, while profit after tax (PAT) rose 21.06% sequentially. Asset quality remained strong this quarter, with gross NPA improving to 1.40% from 1.67% year-on-year and 1.53% in Q3 FY26.
On a consolidated basis, including subsidiaries across insurance, asset management, securities, and home finance, ICICI Bank reported PAT of Rs 14,755.06 crore, up 9.28% year-on-year from Rs 13,502.22 crore and 17.68% sequentially. The consolidated PAT exceeds standalone PAT by roughly Rs 1,053 crore, due to the contribution from group entities such as ICICI Prudential Life Insurance, ICICI Lombard General Insurance, and ICICI Prudential AMC.
The lender declared a dividend of Rs 12 per share. On April 17, ICICI Bank shares on BSE closed 0.5% higher at Rs 1,352.8 apiece.
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Investor Takeaway
Investors should take note of ICICI Bank's strong quarterly performance, driven by steady operating income growth and significantly lower provisions.
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