ICICI Bank reported a steady performance for the quarter ended September 30, 2025, with the key metrics reflecting growth across core operations and a robust balance sheet. The bank’s standalone net profit rose 5.2% year-on-year (YoY) to ₹12,359 crore. On a consolidated basis, net profit increased 3.2% YoY to ₹13,357 crore.

Core operating profit grew 6.5% YoY to ₹17,078 crore, while net interest income (NII) increased 7.4% YoY to ₹21,529 crore, with a net interest margin of 4.30%, the bank said in its earnings report.

Non-interest income, excluding treasury gains, rose 13.2% YoY to ₹7,356 crore, led by fee income, which grew 10.1% YoY to ₹6,491 crore, with retail, rural, and business banking customers contributing around 78% of total fees. Treasury income declined to ₹220 crore from ₹680 crore in Q2FY25.

Provisions (excluding taxes) fell to ₹914 crore, compared with ₹1,233 crore in the year-ago quarter.

Credit and deposit growth

Domestic advances expanded 10.6% YoY to ₹14,08,456 crore. The retail loan portfolio grew 6.6% YoY, forming 52.1% of total loans. SME and business banking segments showed strong momentum, with business banking up 24.8% YoY, while the rural portfolio remained largely stable.

Deposits also strengthened, with average deposits rising 9.1% YoY to ₹15,57,449 crore and CASA deposits showing healthy growth in both savings and current accounts. Total period-end deposits stood at ₹16,12,825 crore. The bank’s branch network increased to 7,246 branches and 10,610 ATMs & cash recycling machines.

Asset quality improves  

ICICI Bank maintained strong asset quality, with the gross NPA ratio improving to 1.58% from 1.97% a year ago and the net NPA ratio at 0.39%. Gross NPA additions were ₹5,034 crore, while recoveries and upgrades amounted to ₹3,648 crore. Net additions to gross NPAs, excluding write-offs, were ₹1,386 crore. The bank wrote off ₹2,263 crore in gross NPAs during the quarter. Provision coverage ratio remained robust at 75%, with total provisions of ₹22,620 crore.

As of September 30, 2025, the bank’s consolidated assets grew 6.8% YoY to ₹26,86,485 crore.

On Friday, shares of ICICI Bank ended 1.38% higher at ₹1,436.70 on the BSE, with a market capitalisation of ₹10.26 lakh crore.