ICICI Bank Limited (IBN) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, good day and welcome to ICICI Bank Limited Q3 FY26 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this 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 Q3 of FY2026. Joining us today on this call are Sandeep Batra, Rakesh, Ajay, Anandya and Abhinay. At ICSA Bank, 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 micro-markets. 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 our risk-calibrated profitable growth. The core operating profit increased by 6% year-on-year and 2.5% quarter-on-quarter to Rs. 175.13 billion in this quarter. The total provisions during the quarter were Rs. 25.56 billion. This includes additional standard asset provision of Rs. 12.83 billion made pursuant to Reserve Bank of India's annual supervisory review, which Anandya will explain later on the call. The profit before tax excluding treasury was 149.57 billion rupees in this quarter compared to 152.89 billion rup...