ICICI Bank Q2 Results Analyzed

ICICI Bank’s second quarter results for the current financial year (Q2FY26) are expected to be a bit slower than the previous one. This is mainly because the bank had a large customer base last year and didn’t have as much extra income as it did before.

Key Points

• Expected 4% Y-o-Y profit growth – analysts predict a 4% increase in the bank’s profits compared to last year.
• Net Interest Income Rising – NII is forecast to rise around 6-7% due to increased loans and deposits.
• Lower Earnings Than Last Quarter – The bank’s profit is expected to be less than it was in the previous quarter.
• NIM Slight Decline Expected – The bank’s net interest margin might decrease slightly.
• Loan and Deposit Growth Key – How well the bank’s loans and deposits are doing will be closely watched.
• Provisions and Costs – Analysts will look for how much money the bank sets aside for potential bad loans and any increases in operating costs.

Most analysts believe ICICI Bank will see a profit increase of about 4% compared to the same time last year. This is based on the bank’s loans and deposits growing a little.

However, the bank’s net interest income, which is the money it makes from lending money, is expected to grow by about 6-7%. This is because more people are borrowing money from the bank.

The bank had reported a profit of ₹11,745.9 crore and NII of ₹20,048 crore in the same quarter last year. It’s anticipated this quarter’s results will be different.

The bank’s net interest margin, which is how profitable it is from lending money, is expected to rise around 6-7%.

Most analysts think the bank’s profits will decrease between 4-8% compared to the previous quarter. The bank’s profits were ₹12,768.2 crore and NII were ₹21,634.5 crore last quarter.

The bank is scheduled to announce its results on October 18, 2025, likely between 3-4 PM. There will also be a conference call with investors and analysts at 5:00 PM IST.

Several financial firms have offered their predictions. Nomura expects NII to rise 7% and PPOP to grow 8%, while Axis Securities forecasts a slight dip in profits and strong loan growth. Emkay Global forecasts robust loan growth with a steady deposit growth. PL Capital projects continued loan growth and increased deposit book.

Ultimately, the bank’s performance will depend on how well it manages its loans, how much money people borrow, and how well it controls its costs.

“Strong loan growth and a focus on maintaining asset quality are critical for ICICI Bank’s continued success.”