ICICI Bank share price slumped 4% on Monday’s session after mixed Q3 results. Country’s second largest private lender, ICICI Bank posted a standalone net profit of ₹11,318 crore for Q3 FY26, marking a 4% decrease compared to the same period last year, primarily due to higher one-off provisions impacting earnings.
Net interest income increased by 7.7% year-on-year, bolstered by stable margins of 4.3%, while loan growth remained robust, particularly in the corporate sector. The quality of assets showed improvement during the quarter, with the gross NPA ratio declining to 1.53%, although elevated provisions affected overall profitability.
