ICICI Bank Q2 FY2027 Standalone Net Profit Rs. 14,843.03 crore
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 17 Oct 2026, 03:34 PM IST · BSE ID: 00c6c092-d2f0-45bd-a878-2da08a512b41
View Original BSE Filing (PDF)
💡
In Simple Terms
ICICI Bank reported its latest quarterly profit, and the Board decided to seek approval for its current Chairperson to continue.
🤖 AI Summary
- ICICI Bank approved unaudited standalone net profit of Rs. 14,843.03 crore for Q2 FY2027.
- The Board approved unaudited consolidated financial results for the quarter and six months ended September 30, 2026.
- Application will be filed with RBI for Mr. Pradeep Kumar Sinha's continuation as Non-executive Part-time Chairperson.
- Proposed continuation for Mr. Sinha is from July 1, 2027, till February 16, 2029, within his Independent Director tenure.
- Standalone Gross non-performing customer assets (net of write-off) was 1.20% for Q2 FY2027, down from 1.58% in Q2 FY2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Net Profit (Q2 FY2027)
Rs. 14,843.03 crore
20.09%
Standalone Interest Earned (Q2 FY2027)
Rs. 49,110.00 crore
17.61%
Standalone Gross NPA Ratio (Q2 FY2027)
1.20%
Standalone Net NPA Ratio (Q2 FY2027)
0.30%
Standalone Return on Assets (Q2 FY2027)
2.26%
🏢 How This Affects the Company
The financial results reflect the bank's operational performance for the quarter, with interest earned reaching Rs. 49,110.00 crore for Q2 FY2027.
Standalone net profit for Q2 FY2027 stood at Rs. 14,843.03 crore. Gross non-performing customer assets improved to 1.20% from 1.58% year-over-year, indicating asset quality improvement.
The Board's decision to seek RBI approval for the Chairperson's continuation suggests stability in leadership, supporting ongoing strategic initiatives.
A reduction in the percentage of gross non-performing customer assets to 1.20% for Q2 FY2027 from 1.58% in Q2 FY2026 indicates a decrease in credit risk.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this specific filing.
👤
Who Is Affected
All shareholders are indirectly affected by the bank's financial performance and stability in its governance structure, as evidenced by the net profit of Rs. 14,843.03 crore.
🔍
Management Signal
The decision to seek RBI approval for the Chairperson's continuation signals management's intent to maintain continuity in leadership and governance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
RBI decision on Mr. Pradeep Kumar Sinha's continuation as Chairperson.
Q3 FY2027 financial results for continued performance and asset quality trends.
Any further announcements regarding strategic initiatives or regulatory developments.
LOW RISK
The filing indicates strong financial results and improvements in key asset quality metrics.
💡 Investor Takeaway
ICICI Bank reported a standalone net profit of Rs. 14,843.03 crore for Q2 FY2027, a 20.09% increase from Rs. 12,358.89 crore in Q2 FY2026. Gross non-performing customer assets decreased to 1.20% from 1.58% YoY, reflecting improved asset quality. An application for the Chairperson's continuation until February 16, 2029, will be filed with RBI.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Net Profit for Q2 FY2027 was Rs. 14,843.03 crore, an increase from Rs. 12,358.89 crore in Q2 FY2026.
- Gross non-performing customer assets (net of write-off) percentage improved to 1.20% in Q2 FY2027 from 1.58% in Q2 FY2026.
⚠️ Concerns
- Other operating expenses for Q2 FY2027 were Rs. 7,883.08 crore, increasing from Rs. 7,465.20 crore in Q2 FY2026.
- Cash flow from operating activities was (Rs. 2,408.17 crore) for H1 FY2027, compared to (Rs. 19,166.87 crore) for H1 FY2026.
📅 Company Track Record
ICICI Bank's Q1 FY2027 net profit was Rs. 14,804.50 crore, with gross NPA ratio improving to 1.38%. For Q2 FY2027, standalone net profit grew to Rs. 14,843.03 crore, continuing a trend of profit growth.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was ICICI Bank's standalone net profit in Q2 FY2027?
ICICI Bank's standalone net profit for the quarter ended September 30, 2026 (Q2 FY2027), was Rs. 14,843.03 crore.
What was the year-on-year growth in standalone net profit for ICICI Bank in Q2 FY2027?
Standalone net profit for Q2 FY2027 of Rs. 14,843.03 crore represents a 20.09% increase from Rs. 12,358.89 crore in Q2 FY2026.
What was ICICI Bank's gross non-performing customer assets percentage in Q2 FY2027?
The percentage of gross non-performing customer assets (net of write-off) for ICICI Bank in Q2 FY2027 was 1.20%.
For how long is Mr. Pradeep Kumar Sinha's continuation as Chairperson sought?
Approval is sought from the Reserve Bank of India for Mr. Pradeep Kumar Sinha to continue as Non-executive Part-time Chairperson from July 1, 2027, till February 16, 2029.
What was the total standalone interest earned by ICICI Bank in Q2 FY2027?
ICICI Bank reported total standalone interest earned of Rs. 49,110.00 crore for the quarter ended September 30, 2026 (Q2 FY2027).
Questions based on this BSE filing only. For information purposes.