ICICI Bank’s Q1 FY27 Net Profit Climbs To ₹15,440 Crore, Up 4.6% QoQ
· Free Press Journal
Mumbai: ICICI Bank Ltd on Friday announced a consolidated net profit after tax of ₹15,440.06 crore for the first quarter of the financial year 2026-27, which ended 30 June 2026. This represents a 4.6% growth compared to the ₹14,755.06 crore recorded in the preceding quarter (Q4 FY26).
Financial Performance
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Consolidated total income for the quarter stood at ₹79,689.22 crore, a decrease from ₹84,613.66 crore in Q4 FY26. Total expenses, excluding provisions and contingencies, were ₹57,084.89 crore for Q1 FY27.
ICICI Bank Allots 1.51 Lakh Equity Shares Under ESOS, Employee Stock Option Exercise Expands Paid-Up Equity CapitalInterest Income and Expenditure
Interest earned for Q1 FY27 was ₹52,240.85 crore, up from ₹49,593.75 crore in the preceding quarter. Interest expended increased to ₹23,063.72 crore from ₹22,046.81 crore in Q4 FY26.
Earnings Per Share
Basic earnings per share (EPS) for Q1 FY27 was ₹21.54, compared to ₹20.62 in Q4 FY26. Diluted EPS for the quarter was ₹21.29, up from ₹20.36 in the previous quarter.
Q1 FY27 Earnings Week Begins With 70 Companies, Reliance Industries, HDFC Bank, ICICI Bank, Axis Bank Among Key ResultsNew Independent Director
The Board approved the appointment of Mrugank Paranjape as an Additional (Independent) Director. Paranjape's term will run from 1 August 2026 to 31 July 2031, subject to shareholder approval.
Overseas Borrowing Limit
ICICI Bank's Board also approved a revised limit of up to USD 2.50 billion (approximately ₹20,850 crore at an exchange rate of ₹83.40 per USD) for undertaking borrowings through bonds, notes, or offshore Certificates of Deposits in overseas markets.
Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.