ICICI Bank Q1 Results Preview: ICICI Bank, India’s second largest private sector lender, will announce its Q1 results today. The board of directors of the private lender is scheduled to meet today, 18 July 2026, Saturday, to approve the financial results for the first quarter of FY27.
ICICI Bank’s board will also consider the revision of the fund raising limit by way of issuance of bonds or notes or offshore certificate of deposits in overseas markets.
The private sector lender is likely to report a modest profit growth in its April-June quarter as provisions normalise, while asset quality is expected to remain stable.
Here’s what to expect from ICICI Bank Q1 Results today:
ICICI Bank Q1 Results Preview
ICICI Bank is estimated to see strong business momentum, with robust high double-digit loan growth.
The bank’s net profit in Q1FY27 is expected to rise 3.1% to ₹13,164 crore from ₹12,768 crore, year-on-year (YoY). Net interest income (NII) during the June quarter is estimated to grow 10.5% to ₹23,906 crore from ₹21,634.5 crore, YoY, according to estimates by Motilal Oswal Financial Services.
Net Interest Margin (NIM) is expected to decline marginally on a seasonal basis, while adjusted NIMs are likely to be largely flat QoQ amid deposit repricing and interest reversals in Q1.
Loan growth in the June quarter is expected to be healthy at 18.5% YoY, led by gold loans, corporate loans, personal loans and mortgages. Deposits are seen rising 15.2% YoY.
Motilal Oswal expects ICICI Bank’s credit cost to remain steady as seasonal agri stress may be offset by recoveries. Opex growth is likely to increase in Q1 amid provision for incremental salaries.
Asset quality is expected to remain stable sequentially, with Gross Non-Performing Assets (NPA) flat at 1.4%, and Net NPA also flat at 0.3%.
Meanwhile, analysts expect the bank’s slippages to increase sequentially, driven by seasonality in KCC loans.
Brokerage firm Systematix expects ICICI Bank’s net profit in Q1FY27 to increase 1.7% YoY to ₹12,980 crore, while NII to grow 9.6% YoY to ₹23,720 crore. Pre-provisions Operating profit is estimated to fall 0.9% YoY to ₹18,585 crore.
ICICI Bank Share Price Performance
ICICI Bank share price has gained 8% in one month and has risen 2% in six months. The banking stock has rallied 16% in two years, while it has delivered multibagger returns of 118% over the past five years.
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