ICICI BANK LTD. — Q1FY27 earnings call summary

Filed 23 July 2026 · Official transcript

Net interest income grew 12.7% y-y to ₹24,384 Cr; NIM at 4.36% in Q1 FY27
FCNR(B) deposit mobilization underway; expected to be NIM dilutive but earnings accretive
Management expects NIM to be range-bound in FY27 assuming no rate changes
Corporate loan growth driven by working capital demand and bond market moderation
AI investments focus on customer experience, risk management, and operational efficiency
Profit before tax excluding treasury up 20.9% y-y to ₹18,975 Cr; PAT up 15.9% y-y to ₹14,805 Cr
Loan portfolio grew 19.6% y-y; retail loans up 12%, rural portfolio up 35.4%
Net NPA ratio at 0.35%; provisioning coverage ratio 74.7%