ICICI Bank's Q3 FY 2025-26 Quarterly Results
- 3d ago
Result Summary
- ICICI Bank Ltd reported a 0.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2.9%.
- Its expenses for the quarter were up by 0.4% QoQ and 2.7% YoY.
- The net profit decreased 5.8% QoQ and decreased 2.6% YoY.
- The earnings per share (EPS) of ICICI Bank Ltd stood at 17.29 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 76782.08 | 76146.59 | 74626.56 | 0.8% | 2.9% |
Total Expenses | 56381.50 | 56172.70 | 54875.68 | 0.4% | 2.7% |
Provisions & contingencies | 2646.52 | 909.31 | 1267.86 | 191.0% | 108.7% |
Profit Before Tax | 17754.06 | 19064.58 | 18483.02 | -6.9% | -3.9% |
Tax | 4342.73 | 4808.18 | 4654.41 | -9.7% | -6.7% |
Profit After Tax | 13481.13 | 14318.15 | 13846.89 | -5.8% | -2.6% |
Earnings Per Share | 17.29 | 18.42 | 17.95 | -6.1% | -3.7% |
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 leading private sector banks, providing a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels. The bank operates in various segments, including retail banking, wholesale banking, treasury, and other banking operations. As of the latest available data, ICICI Bank has a significant presence in both urban and rural India, offering services such as savings accounts, loans, credit cards, investment banking, and asset management. Recently, the bank has focused on leveraging digital technology for enhancing customer experience and operational efficiency. However, specific details about recent major developments are not available in the current data set.
Revenue
In Q3FY26, ICICI Bank Ltd reported a total income of ₹76,782.08 crores, reflecting a quarter-over-quarter (QoQ) growth of 0.8% from ₹76,146.59 crores in Q2FY26. The year-over-year (YoY) increase was 2.9% compared to ₹74,626.56 crores in Q3FY25. This consistent growth in total income over both the quarters and the year suggests stable revenue generation. The bank's ability to maintain a steady increase in revenue is crucial for its growth and reflects its operational strategies and market position.
Profitability
The Profit Before Tax (PBT) for Q3FY26 stood at ₹17,754.06 crores, which marks a 6.9% decrease from the previous quarter's PBT of ₹19,064.58 crores. Compared to Q3FY25's PBT of ₹18,483.02 crores, this represents a 3.9% decrease year-over-year. The Profit After Tax (PAT) for the same period was ₹13,481.13 crores, a decline of 5.8% from Q2FY26 and a 2.6% decrease from Q3FY25. The tax expenses also decreased by 9.7% QoQ and 6.7% YoY, aligning with the reduced profitability. The earnings per share (EPS) also saw a decrease to ₹17.29 in Q3FY26 from ₹18.42 in Q2FY26 and ₹17.95 in Q3FY25, reflecting a decrease of 6.1% QoQ and 3.7% YoY.
Operating Metrics
Total expenses for ICICI Bank in Q3FY26 were reported at ₹56,381.50 crores, showing a slight increase of 0.4% from ₹56,172.70 crores in Q2FY26 and a 2.7% rise from ₹54,875.68 crores in Q3FY25. Provisions and contingencies significantly increased to ₹2,646.52 crores in Q3FY26, marking a substantial 191.0% QoQ and 108.7% YoY rise. This notable increase in provisions could be a response to changes in the economic environment or internal risk management strategies. However, the specific reasons for this surge are not detailed in the provided data. Despite the increase in provisions, the bank's operational expenses were largely stable, indicating controlled cost management outside the provisions category.