Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and six months ended September 30, 2026 (Q2-2027, H1-2027)
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Actions
Audit Opinion:
Clean/Unmodified - The joint statutory auditors, M/s. B S R & Co. LLP and M/s. C N K & Associates LLP, issued unmodified conclusion/opinion on both standalone and consolidated financial results.
Auditor’s Comment:
No qualifications or modifications affecting earnings quality, internal controls, or going concern. The auditors confirmed compliance with accounting standards and regulatory requirements.
Key Financial Highlights [₹ in crore]:
Standalone Results:
Revenue from Operations:
- Q2-2027: ₹57,157.49 (YoY growth from ₹49,333.49 in Q2-2026)
- H1-2027: ₹111,404.33 (YoY growth from ₹100,785.30 in H1-2026)
Total Income:
- Q2-2027: ₹57,157.49
- H1-2027: ₹111,404.33
Net Profit:
- Q2-2027: ₹14,843.03 (20.1% YoY growth from ₹12,358.89)
- H1-2027: ₹29,647.53 (18.0% YoY growth from ₹25,127.10)
- FY2026: ₹50,146.64 (Audited)
EPS:
- Basic EPS (not annualized): ₹22.76 for Q2-2027 (₹18.71 in Q2-2026)
- Diluted EPS (not annualized): ₹22.49 for Q2-2027 (₹18.42 in Q2-2026)
Other Equity:
- Reserves excluding revaluation reserves: ₹329,372.57 as of March 31, 2026 (Audited)
Cash and Cash Equivalents:
- September 30, 2026: ₹230,335.16 crore
- March 31, 2026: ₹244,388.09 crore
- September 30, 2025: ₹136,680.28 crore
Debt:
- Borrowings (includes subordinated debt): ₹204,552.66 crore at September 30, 2026
- Total borrowings increased significantly from ₹111,818.38 crore at September 30, 2025
Consolidated Results:
Revenue from Operations:
- Q2-2027: ₹88,161.18
- H1-2027: ₹167,850.40
Net Profit:
- Q2-2027: ₹16,333.18 (22.3% YoY growth from ₹13,357.06)
- H1-2027: ₹31,773.24 (18.0% YoY growth from ₹26,914.66)
EPS:
- Basic EPS (not annualized): ₹22.76 for Q2-2027
- Diluted EPS (not annualized): ₹22.49 for Q2-2027
Segment-wise Performance [₹ in crore]:
Standalone Segment Revenue:
- Retail Banking: ₹43,723.90 (Q2-2027)
- Wholesale Banking: ₹27,035.05 (Q2-2027)
- Treasury: ₹39,532.75 (Q2-2027)
- Other Banking: ₹3,570.59 (Q2-2027)
Standalone Segment Results (Profit before tax):
- Retail Banking: ₹7,716.35 (Q2-2027)
- Wholesale Banking: ₹7,910.52 (Q2-2027)
- Treasury: ₹4,015.60 (Q2-2027)
- Other Banking: ₹82.07 (Q2-2027)
Consolidated Segment Revenue:
- Retail Banking: ₹43,723.90 (Q2-2027)
- Wholesale Banking: ₹27,035.05 (Q2-2027)
- Treasury: ₹39,522.11 (Q2-2027)
- Life Insurance: ₹17,504.35 (Q2-2027)
- General Insurance: ₹8,597.81 (Q2-2027)
Corporate Actions:
Dividend: Not declared in this quarter
Share Allotment:
- Allotted 5,130,452 equity shares of ₹2 each pursuant to exercise of employee stock options/units during Q2-2027
Stake Purchase:
- Acquired 2.0% additional stake in ICICI Life Insurance Limited through stock exchange mechanism during Q2-2027
- Consideration: ₹1,470 crore
- Goodwill recognized: ₹1,178.39 crore in consolidated financial statements
Other Significant Information:
Business Growth:
- Total advances: ₹18,31,580 crore at September 30, 2026 (30.0% YoY growth)
- Total deposits: ₹20,49,874 crore at September 30, 2026 (27.1% YoY growth)
- Average CASA ratio: 35.8% in Q2-2027
- Branch network: 7,656 branches and 12,143 ATMs & cash recycling machines at September 30, 2026
Subsidiary Performance:
- ICICI Life Insurance: PAT increased to ₹374 crore in Q2-2027 from ₹299 crore in Q2-2026
- ICICI Lombard General Insurance: PAT increased to ₹946 crore in Q2-2027 from ₹820 crore in Q2-2026
- ICICI Prudential Asset Management: PAT increased to ₹889 crore in Q2-2027 from ₹838 crore in Q2-2026
- ICICI Securities: Consolidated PAT increased to ₹439 crore in Q2-2027 from ₹425 crore in Q2-2026
- ICICI Home Finance: PAT increased to ₹220 crore in Q2-2027 from ₹203 crore in Q2-2026
Foreign Exchange Rate:
- Convenience translation rate: US$1 = ₹95.83