ICICI Bank Q4 Profit Rises 9% to Rs 14,755 Crore; NII Grows 8%

Mumbai — ICICI Bank reported a solid performance for the fourth quarter of FY26, posting a consolidated net profit of Rs 14,755 crore, marking a 9% year-on-year increase from Rs 13,502 crore in the same period last year.

The bank’s core net interest income (NII) grew by 8% to Rs 22,979 crore, compared to Rs 21,193 crore a year ago, reflecting steady growth in its lending operations. Total income for the quarter rose to Rs 84,613.66 crore, up from Rs 79,747.77 crore in Q4 FY25.

Interest earned during the quarter stood at Rs 49,593.75 crore, slightly higher than Rs 48,363.84 crore in the previous quarter. Meanwhile, other income — including insurance premiums and operational revenues — increased significantly to Rs 35,019.91 crore from Rs 31,360.85 crore a year earlier.

Operating profit (before provisions and contingencies) came in at Rs 21,004.88 crore. On the cost side, total expenditure was Rs 63,608.78 crore, with employee expenses at Rs 6,256.82 crore.

A notable highlight was the sharp decline in provisions and contingencies, which dropped to Rs 260.67 crore from Rs 2,646.52 crore in the previous quarter, supporting overall profitability.

On the balance sheet front, the bank continued to expand steadily. Total assets increased to Rs 29.14 lakh crore from Rs 26.42 lakh crore a year ago. Deposits grew to Rs 18.30 lakh crore, while gross advances rose to Rs 16.44 lakh crore, indicating healthy business momentum.

In addition to its earnings, the bank announced a dividend of Rs 12 per equity share, subject to necessary approvals.

Shares of ICICI Bank closed at Rs 1,352.80 on the NSE on Friday, registering a marginal gain of 0.54%.

With inputs from IANS