ICICI Bank Q2 Results: Net profit jumps 20% YoY to Rs 14,843 crore, NII rises 18%
ICICI Bank Q2 Results: Private lender ICICI Bank reported a net profit of Rs 14,843 crore in the second quarter of financial year 2027, marking 20.1% year-on-year increase from Rs 12,359 crore posted in the same period last year.
ICICI Bank announced impressive financial results for the second quarter of financial year 2027, with net profit surging 20.1% year-on-year to Rs 14,843 crore. Net interest income (NII) also experienced a notable 17.7% YoY increase to Rs 25,339 crore. The bank's net interest margin (NIM) stood at 4.18%, up from 4.36% in Q1FY27 and 4.30% in Q2FY26.
Gross non-performing assets (NPAs) declined to 1.20%, while net NPAs reduced to 0.30% from 0.35% in the previous quarter. Total deposits grew by 27.1% YoY to Rs 20.49 lakh crore, and the average deposit balance rose by 21.2% YoY to Rs 18.88 lakh crore. Loan portfolio expanded by 30% YoY to Rs 18.31 lakh crore. The bank's capital adequacy ratio reached 16.68%, well above the minimum regulatory requirements of 11.70%. ICICI Bank also increased its stake in ICICI Life Insurance Limited to 2%.
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