ICICI Bank lifts Q2 net profit 20.1% on higher income, lower provisions

ICICI Bank (NYSE: IBN) reported standalone net profit of ₹14,843 crore for the second quarter of fiscal 2027, which ended September 30, 2026. Profit rose 20.1% year over year.

Net interest income (NII) increased 17.7% to ₹25,339 crore. Lower provisions also supported profit growth.

The gross non-performing asset (NPA) ratio fell to 1.20% from 1.58% in the same period last year. Total loans grew 30% year over year.

Net interest margin (NIM) was 4.18%, down from 4.36% in the prior quarter. The bank said a large mobilization of FCNR deposits contributed partly to the contraction.