India’s second largest private lender ICICI Bank on Saturday reported a 4% fall in its December quarter standalone net profit at Rs 11,318 crore compared to Rs 11,792 crore reported in the year ago period. The profit after tax (PAT) was below ET Now estimates of Rs 12,346 crore.
The bottomline fell 8.4% on a sequential basis compared to Rs 12,359 crore in the July-September quarter of FY26.
ICICI Bank earned an interest income of Rs 41,966 crore in Q3FY26, up 1.6% versus Rs 41,300 crore reported in the corresponding period of the last financial year. The lender paid Rs 20,034 crore as interests in the quarter under review, down 4.3% from Rs 20,929 crore in the year ago period.
More to come…