ICICI Bank's Q1 FY 2026-27 Quarterly Results

Result Summary

• ICICI Bank Ltd reported a 5.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 6.9%.
• Its expenses for the quarter were down by 10.3% QoQ and up 7.2% YoY.
• The net profit increased 3.8% QoQ and increased 12.6% YoY.
• The earnings per share (EPS) of ICICI Bank Ltd stood at 21.29 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

ICICI Bank Ltd is one of India's largest private sector banks, offering a diverse range of financial products and services. The bank operates across several segments, including retail banking, wholesale banking, treasury operations, and other financial services. As of the latest reports, ICICI Bank continues to strengthen its position in the banking and financial services industry, focusing on digital banking initiatives, enhancing customer experiences, and expanding its market reach. The bank has not had any major publicized developments recently that would impact its financial standing, other than its ongoing efforts to integrate technology into its services and improve operational efficiencies.

Revenue

In Q1FY27, ICICI Bank Ltd reported a total income of ₹79,689.22 crores, which reflects a decrease of 5.8% from the previous quarter (Q4FY26), where the income was ₹84,613.66 crores. On a year-over-year basis, there was an increase of 6.9% as compared to Q1FY26, where the total income stood at ₹74,576.03 crores. This indicates consistent growth in income over the year, despite the quarter-over-quarter decline. The fluctuations in total income can be attributed to various factors, including changes in interest income, fee income, and other banking-related services, although specific details are not available in the data.

Profitability

ICICI Bank's profitability metrics for Q1FY27 show a profit before tax (PBT) of ₹21,307.13 crores, marking a 2.7% increase from the previous quarter's PBT of ₹20,744.21 crores. Compared to the same quarter last year, the PBT rose by 9.3% from ₹19,494.48 crores. The bank's profit after tax (PAT) for Q1FY27 was ₹16,276.22 crores, representing a 3.8% increase quarter-over-quarter from ₹15,680.64 crores in Q4FY26, and a 12.6% increase year-over-year from ₹14,456.33 crores in Q1FY26. The earnings per share (EPS) also increased to ₹21.29 in Q1FY27 from ₹20.36 in Q4FY26, showing a growth of 4.6% quarter-over-quarter and 13.8% year-over-year from ₹18.71 in Q1FY26. These figures point to a solid profitability performance over the past year.

Operating Metrics

Operating expenses for ICICI Bank in Q1FY27 amounted to ₹57,084.89 crores, a decline of 10.3% from Q4FY26's expenses of ₹63,608.78 crores. However, on a year-over-year basis, total expenses increased by 7.2% from ₹53,259.22 crores in Q1FY26. Provisions and contingencies saw a significant quarter-over-quarter increase of 397.6%, amounting to ₹1,297.20 crores in Q1FY27 compared to ₹260.67 crores in Q4FY26. Year-over-year, provisions and contingencies decreased by 28.8% from ₹1,822.33 crores in Q1FY26. The tax expense for Q1FY27 was ₹5,097.39 crores, a slight decrease from ₹5,132.34 crores in Q4FY26 and marginally lower than ₹5,100.68 crores in Q1FY26. These operating metrics highlight the bank's efforts in managing its expenses and provisioning, which are critical components of its financial health.