ICICI Bank's profit in Q2 surges 5% YoY to ₹12,359cr
What's the story
ICICI Bank, one of India's leading private sector lenders, has reported a 5.2% year-on-year increase in its profit after tax (PAT) for the second quarter of FY26. The bank's PAT stood at ₹12,359 crore during the period under review. The growth is mainly attributed to a robust 7.4% rise in net interest income (NII), which reached ₹21,529 crore as compared to ₹20,048 crore in Q2 FY25.
Financial performance
Core operating profit rises to ₹17,078cr
Along with the NII growth, ICICI Bank also witnessed a 6.5% rise in its core operating profit for Q2 FY26. The figure stood at ₹17,078 crore as against ₹16,043 crore in the corresponding quarter of the previous fiscal year. The bank's net interest margin (NIM) for this period was recorded at 4.30%, indicating a healthy spread between interest earned and paid out on loans and deposits.
Deposit growth
Average current account deposits surged 12.6%
ICICI Bank's provisions (excluding tax) for Q2 FY26 fell to ₹914 crore from ₹1,233 crore in Q2 FY25 and ₹1,815 crore in Q1 FY26. The bank also witnessed a 9.1% year-on-year increase in average deposits during the quarter under review. Average current account deposits surged by 12.6%, while savings account deposits grew by 8.5% on a year-on-year basis, reflecting strong customer trust and business expansion strategies of ICICI Bank.
Portfolio expansion
Domestic loan portfolio grows by 10.6% YoY
As of September 30, 2025, ICICI Bank's total period-end deposits increased by 7.7% year-on-year to ₹16,12,825 crore. The bank's domestic loan portfolio also witnessed a robust growth of 10.6% year-on-year, reaching ₹13,75,260 crore during the same period.