ICICI Bank delivered a robust second-quarter (July-September) performance for FY26, comfortably beating profit estimates. India's second-largest private lender's net profit stood at ₹12,359 crore, up 5% year-on-year (YoY), surpassing the CNBC-TV18 estimate of ₹11,933 crore, aided by sharply lower provisions and strong core operating performance.

ICICI Bank's net interest income (NII) came in at ₹21,529 crore, up 7% YoY and broadly in line with expectations, supported by healthy loan growth and margin stability.

Net interest margins (NIMs) declined by just 4 basis points sequentially to 4.30%, a major positive surprise versus the Street’s expectation of a 14-bp fall, reflecting prudent balance sheet management and stable cost of funds.

While pre-provision operating profit (PPOP) dipped

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