ICICI Bank Limited (IBN) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, good day and welcome to the Q1 FY26 earnings conference call of ICICI Bank. As a reminder, all participant lines will be in listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Sandeep Bakshi, Managing Director and Chief Executive Officer of ICICI Bank. Thank you and over to you, sir. Thank you. Good evening to all of you and welcome to the ICICI Bank Earnings Call to discuss the results for Q1 of FY26. Joining us today on this call are Sandeep Batra, Rakesh, Ajay, Anandya and Abhinav. At ICICI Banks, our strategic focus continues to be on growing profit before tax, excluding treasury, through the 360-degree customer-centric approach and by serving opportunities across ecosystems and micromarkets. We continue to operate within the framework of our values to strengthen our franchise, maintaining high standards of governance, deepening coverage, and enhancing delivery capabilities with a focus on simplicity and operational resilience, are key drivers for a risk-calibrated profitable growth. The profit before tax excluding Treasury grew by 11.4% year-on-year to Rs. 156.90 billion in this quarter. The core operating profit increased by 13.6% year-on-year at Rs. 175.05 billion in this quarter. The profit after tax grew by 15.5% year-on-year to 127.68 billion rupees in this quarter. Total deposits grew by 12.8% year on year and were flat sequentially at June 30, 2025. During the quarter, average deposits grew by 11.2% year on year and 3.1% sequentially. And average current and ...