ICICI Bank Q1FY26 Preview: Profit to grow 8.5% to Rs 12,000 crore, NII up 7%

ICICI Bank is expected to deliver a strong performance in Q1FY26, with year-on-year growth anticipated in key metrics ahead of the results announcement on July 19.

According to Zee Business research team, Net Interest Income (NII) is estimated at around Rs 20,920 crore, up 7 per cent from Rs 19,553 crore in Q1FY25. Profit After Tax (PAT) is projected at Rs 12,000 crore, reflecting an 8.5 per cent increase from Rs 11,059 crore in the same quarter last year.

Provisions are likely to rise 34 per cent year-on-year to Rs 1,790 crore, primarily due to cautious provisioning in select retail and unsecured loan segments. Despite this, asset quality is expected to remain stable, with Gross NPA (GNPA) and Net NPA (NNPA) ratios holding steady at 1.7 per cent and 0.4 per cent, respectively.

According to the Zee Business Research Team, lower slippages and declining credit costs could support margin improvement in the coming quarters. The bank’s operations are expected to remain robust, driven by strong growth in the retail and SME segments.

Fee income is also projected to see healthy growth, supported by increased customer activity and cross-selling efforts. However, market participants will closely watch management commentary on the unsecured loan book amid broader sector concerns.

Overall, ICICI Bank is well positioned to deliver resilient results with stable asset quality and strong business momentum, say analysts.