Unaudited financial results of the Bank (standalone and consolidated) for the quarter ended June 30, 2026.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 18 Jul 2026, 02:22 PM IST · BSE ID: 9dd00618-14c8-4626-88ee-cb7c63e67cdc
View Original BSE Filing (PDF)
💡
In Simple Terms
ICICI Bank announced its Q1 FY2027 financial results, reporting increased profit and appointing a new independent director.
🤖 AI Summary
- ICICI Bank reported a standalone net profit of ₹14,804.50 crore for Q1 FY2027, quarter ended June 30, 2026.
- Standalone total income for Q1 FY2027 reached ₹54,246.84 crore.
- Mr. Mrugank Paranjape was appointed as an Additional (Independent) Director for a five-year term.
- The Board approved a revised overseas borrowing limit of up to USD 2.50 billion.
- Gross non-performing customer assets to gross customer assets stood at 1.38% as of June 30, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for the Period (Standalone)
₹14,804.50 crore
15.95%
Total Income (Standalone)
₹54,246.84 crore
5.43%
Gross Non-Performing Customer Assets to Gross Customer Assets
1.38%
-17.40%
Capital Adequacy Ratio (Basel III)
16.84%
3.25%
Deposits
₹1,833,585.79 crore
14.00%
Advances
₹1,631,259.71 crore
19.58%
Earnings Per Share (Basic)
₹20.65
15.30%
🏢 How This Affects the Company
The increased borrowing limit of up to USD 2.50 billion could support future growth initiatives and expand the bank's operational capacity in overseas markets. Strong financial performance indicates robust core banking operations.
Standalone net profit rose to ₹14,804.50 crore, strengthening the bank's earnings profile. An increase in deposits to ₹1,833,585.79 crore and advances to ₹1,631,259.71 crore indicates balance sheet growth.
The appointment of a new Independent Director enhances the board's composition and corporate governance oversight. The revised borrowing limit allows for greater flexibility in funding global operations.
A slight reduction in the percentage of gross non-performing customer assets to gross customer assets to 1.38% suggests an improvement in asset quality. Return on assets at 2.49% reflects efficient utilization of assets.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are required to vote on the appointment of Mr. Mrugank Paranjape as an Additional (Independent) Director at the 32nd Annual General Meeting on August 21, 2026.
👤
Who Is Affected
All shareholders who hold shares as of the record date for the 32nd Annual General Meeting will be affected by the voting resolution regarding the director's appointment. The bank's improved financial results affect all shareholders through company performance.
🔍
Management Signal
The Board's decisions signal a focus on enhancing governance through new independent director appointments and strategic capital raising for future growth.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Shareholder approval of Mr. Mrugank Paranjape's appointment at the AGM on August 21, 2026.
Details on utilization of the USD 2.50 billion overseas borrowing limit.
Q2 FY2027 financial results — examine asset quality and profit trends.
LOW RISK
The bank exhibits strong financial performance, improved asset quality metrics, and stable capital adequacy.
💡 Investor Takeaway
ICICI Bank's standalone net profit for Q1 FY2027 reached ₹14,804.50 crore, up from ₹12,768.21 crore in Q1 FY2026. The gross non-performing customer assets ratio improved to 1.38%, demonstrating asset quality management. A new independent director was appointed and an overseas borrowing limit of USD 2.50 billion was approved.
⚖️ Strengths & Concerns
✅ Positives
- Standalone net profit increased to ₹14,804.50 crore in Q1 FY2027 from ₹12,768.21 crore in Q1 FY2026.
- Gross non-performing customer assets to gross customer assets decreased to 1.38% from 1.67% in Q1 FY2026.
⚠️ Concerns
- Provisions (other than tax) and contingencies were ₹1,260.45 crore in Q1 FY2027, higher than ₹96.16 crore in Q4 FY2026.
- Cash and balances with Reserve Bank of India decreased to ₹73,942.76 crore from ₹121,024.05 crore at March 31, 2026.
📅 Company Track Record
ICICI Bank reported FY2026 net profit of ₹50,146.64 crore, which grew 6.21% year-on-year, with a ₹12/share dividend approved. The board meeting for Q1 FY2027 results was announced on June 25, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was ICICI Bank's standalone net profit for the quarter ended June 30, 2026?
ICICI Bank's standalone net profit for the quarter ended June 30, 2026, was ₹14,804.50 crore.
What was ICICI Bank's gross non-performing customer assets ratio as of June 30, 2026?
The percentage of gross non-performing customer assets to gross customer assets for ICICI Bank as of June 30, 2026, was 1.38%.
Who was appointed as a new Independent Director at ICICI Bank?
Mr. Mrugank Paranjape (DIN: 02162026) was appointed as an Additional (Independent) Director for a term from August 1, 2026, to July 31, 2031.
What is the revised overseas borrowing limit approved by ICICI Bank's Board?
ICICI Bank's Board approved a revised limit of up to USD 2.50 billion for undertaking borrowing via issuances of bonds/notes/offshore Certificate of Deposits in overseas markets.
What was ICICI Bank's standalone total income for Q1 FY2027?
ICICI Bank's standalone total income for the quarter ended June 30, 2026 (Q1 FY2027), was ₹54,246.84 crore.
Questions based on this BSE filing only. For information purposes.