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ICICI Bank Q4 Results: Net profit up 8.5% to Rs 13,702 crore, announces Rs 12 dividend

by TheAdviserMagazine
4 months ago
in Business
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ICICI Bank Q4 Results: Net profit up 8.5% to Rs 13,702 crore, announces Rs 12 dividend
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ICICI Bank, one of India’s leading private lenders, on Saturday reported a net profit of Rs 13,702 crore in the fourth quarter of FY26, marking an increase of 8.5% year-on-year from Rs 12,630 crore reported in the same quarter last year.

The company’s net interest income stood at Rs 22,979 crore, higher by 8.4% from the Rs 21,193 crore posted in the corresponding quarter of the previous financial year, ICICI Bank said in a regulatory filing.

Alongside results, the board has recommended a dividend of Rs 12 per share in line with applicable guidelines. The payout remains subject to necessary approvals, with record and book closure dates to be announced in due course.

The company’s provisions witnessed a notable decline of 89% to Rs 96 crore, sharply lower from Rs 891 crore in the same quarter last year. Provisions in the previous quarter came in at Rs 2,556 crore.

The bank’s asset quality improved sequentially, with gross NPA easing to 1.4% from 1.53% in the previous quarter. In absolute terms, gross NPAs declined to Rs 23,051.9 crore from Rs 23,758 crore earlier.

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ICICI Bank’s total advances rose 15.8% year-on-year and 6% sequentially to Rs 15.53 lakh crore, reflecting steady credit growth.ICICI Bank’s net NPA (NNPA) eased to 0.33% from 0.37% in the previous quarter.On a consolidated basis, profit after tax rose to Rs 14,755 crore during the quarter under review, higher from Rs 13,502 crore in Q4FY25.

Consolidated assets increased 10.3% year-on-year to Rs 29.14 lakh crore as of March 31, 2026, compared to Rs 26.42 lakh crore as of March 31, 2025.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



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