ICICI Bank Q2 FY2027 Net Profit Rises to ₹14,843.03 crore
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 17 Oct 2026, 03:26 PM IST · BSE ID: 2871e7ba-96fe-41f0-bc84-79215ff8893e
View Original BSE Filing (PDF)
💡
In Simple Terms
ICICI Bank released its latest quarterly financial results, showing an increase in profit and improved asset quality.
🤖 AI Summary
- ICICI Bank reported standalone net profit of ₹14,843.03 crore for the quarter ended September 30, 2026.
- Gross non-performing customer assets ratio stood at 1.20% as of September 30, 2026.
- Net non-performing customer assets ratio was 0.30% at the end of Q2 FY2027.
- The Board approved seeking RBI approval for Mr. Pradeep Kumar Sinha's continuation as Non-executive Part-time Chairperson from July 1, 2027 to February 16, 2029.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Net Profit (Q2 FY2027)
₹14,843.03 crore
20.09%
Standalone Net Profit (H1 FY2027)
₹29,647.53 crore
17.99%
Gross NPA Ratio (Q2 FY2027)
1.20%
Net NPA Ratio (Q2 FY2027)
0.30%
Capital Adequacy Ratio (Basel III)
16.68%
🏢 How This Affects the Company
The improved asset quality, with a lower gross NPA ratio, suggests a healthier loan book and potentially stronger credit underwriting.
Standalone net profit for Q2 FY2027 increased to ₹14,843.03 crore, contributing to an H1 FY2027 net profit of ₹29,647.53 crore.
The ongoing application for the Chairperson's continuation indicates continuity in leadership and governance focus.
The reduction in both gross and net non-performing customer asset ratios indicates a decrease in credit risk exposure.
👥 What This Means For Shareholders
✅
Action Required
No immediate action required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the bank's financial performance, specifically the 20.09% increase in net profit for Q2 FY2027.
🔍
Management Signal
Management is focusing on both financial performance and maintaining continuity in key leadership roles by seeking RBI approval for the Chairperson's extension.
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 Chairperson reappointment.
Q3 FY2027 financial results for continued profit and asset quality trends.
Any further disclosures on capital adequacy or loan growth strategies.
LOW RISK
Strong financial results and improving asset quality indicate reduced operational and credit risks.
💡 Investor Takeaway
ICICI Bank reported standalone net profit of ₹14,843.03 crore for Q2 FY2027, a 20.09% increase YoY from ₹12,358.89 crore. The gross NPA ratio improved to 1.20% from 1.58% YoY, indicating enhanced asset quality and operational performance.
⚖️ Strengths & Concerns
✅ Positives
- Standalone net profit increased to ₹14,843.03 crore in Q2 FY2027 from ₹12,358.89 crore in Q2 FY2026, a 20.09% YoY growth.
- Gross non-performing customer assets ratio improved to 1.20% in Q2 FY2027 from 1.58% in Q2 FY2026.
⚠️ Concerns
- Provisions (other than tax) and contingencies increased to ₹850.69 crore in Q2 FY2027 from ₹850.69 crore in Q2 FY2027 from ₹850.69 crore in Q2 FY2027 from ₹914.11 crore in Q2 FY2026. No, the provisions (other than tax) and contingencies decreased to ₹850.69 crore in Q2 FY2027 from ₹914.11 crore in Q2 FY2026.
- Return on assets (annualised) decreased to 2.26% in Q2 FY2027 from 2.36% in Q2 FY2026.
📅 Company Track Record
ICICI Bank's Q1 FY2027 net profit was ₹14,804.50 crore with a gross NPA ratio of 1.38%. FY2026 net profit stood at ₹50,146.64 Crore, growing 6.21% YoY, with a ₹12/share dividend approved.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was ICICI Bank's standalone net profit for Q2 FY2027?
ICICI Bank reported a standalone net profit of ₹14,843.03 crore for the quarter ended September 30, 2026.
How did ICICI Bank's gross non-performing customer assets ratio change in Q2 FY2027?
The gross non-performing customer assets ratio for ICICI Bank improved to 1.20% as of September 30, 2026, compared to 1.58% in Q2 FY2026.
What was the capital adequacy ratio (Basel III) for ICICI Bank in Q2 FY2027?
ICICI Bank's capital adequacy ratio (Basel III) stood at 16.68% as of September 30, 2026.
What application did ICICI Bank's Board of Directors approve regarding its Chairperson?
The Board approved filing an application with the Reserve Bank of India (RBI) seeking approval for the continuation of Mr. Pradeep Kumar Sinha as Non-executive Part-time Chairperson from July 1, 2027, until February 16, 2029.
Questions based on this BSE filing only. For information purposes.