ICICI Bank stock reports 16 percent Q1 profit growth

ICICI Bank stock (IBN) stood at USD 27.91 on the NYSE on September 23, 2026 at 3:59 p.m. ET, while Q1 FY27 standalone net profit reached INR 148.04 billion, up 16.0 percent year on year, according to NDTV Profit.

Profit beats the consensus

The June quarter result exceeded Bloomberg consensus of INR 133.73 billion by INR 14.31 billion, or 10.7 percent, based on the figures reported by NDTV Profit. That gap gives the earnings story more weight than the modest same-session decline in the ADR.

ICICI Bank also entered the quarter with operating momentum. DSIJ reported Q1 FY27 net interest income of INR 244 billion, up 12.7 percent year on year, while net interest margin increased to 4.36 percent from 4.34 percent in the year-ago quarter.

Loan growth meets margin discipline

The same Q1 FY27 analysis put advances growth at 19.6 percent year on year and deposits growth at 14.0 percent. The spread between those two growth rates shows that loan expansion remained faster than deposit accumulation, making funding costs a key measure for the next report.

Asset quality adds another reference point. ICICI Bank's net non-performing asset ratio stood at 0.35 percent as of June 30, 2026, according to Equentis. That ratio provides the credit-quality counterweight to the faster loan growth.

ADR remains below its yearly high

At USD 27.91 on the NYSE on September 23, 2026, the IBN ADR was down 0.48 percent from the prior close of USD 28.04. It remained 15.5 percent below the 52-week high of USD 33.03 and 11.3 percent above the 52-week low of USD 25.08, leaving the market valuation below its upper yearly boundary despite the Q1 earnings beat.