ICICI Bank: Financial Results for quarter ended June 30, 2025

About this update from Icici Bank Limited

‌ICICI Bank Limited CIN-L65190GJ1994PLC021012 Registered Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara - 390 007, Gujarat, Phone: 0265-6722239 Corporate Office: ICICI Bank Towers, Bandra-Kurla Complex, Mumbai - 400 051, Maharashtra, Phone: 022-4008 8900 Website: https://www.icicibank.com , Email: [email protected] STANDALONE FINANCIAL RESULTS (₹ in crore) Sr. no. Particulars Three months ended Year ended June 30, 2025 (Ǫ1-2026) March 31, 2025 (Ǫ4-2025) 10 June 30, 2024 (Ǫ1-2025) March 31, 2025 (FY2025) (Unaudited) (Audited) (Unaudited) (Audited) 1. Interest earned (a)+(b)+(c)+(d) 42,946.91 42,430.80 38,995.78 163,263.78 a) Interest/discount on advances/bills 32,542.92 32,821.33 30,108.54 126,404.72 b) Income on investments 8,712.84 8,210.18 8,156.58 32,980.23 c) Interest on balances with Reserve Bank of India and other inter-bank funds 767.40 706.12 443.00 2,155.82 d) Others 923.75 693.17 287.66 1,723.01 2. Other income 8,504.90 7,260.07 7,001.92 28,506.70 3. TOTAL INCOME (1)+(2) 51,451.81 49,690.87 45,997.70 191,770.48 4. Interest expended 21,312.45 21,237.86 19,442.87 82,099.34 5. Operating expenses (e)+(f) 11,393.52 10,788.76 10,529.99 42,372.32 e) Employee cost 4,743.08 4,105.18 4,370.51 16,540.88 f) Other operating expenses 6,650.44 6,683.58 6,159.48 25,831.44 6. TOTAL EXPENDITURE EXCLUDING PROVISIONS AND CONTINGENCIES (4)+(5) 32,705.97 32,026.62 29,972.86 124,471.66 7. OPERATING PROFIT BEFORE PROVISIONS AND CONTINGENCIES (3)-(6) 18,745.84 17,664.25 16,024.84 67,298.82 8. Provisions (other than tax) and contingencies 1,814.57 890.70 1,332.18 4,682.62 9. PROFIT FROM ORDINARY ACTIVITIES BEFORE EXCEPTIONAL ITEMS AND TAX (7)-(8) 16,931.27 16,773.55 14,692.66 62,616.20 10. Exceptional items .. .. .. .. 11. PROFIT FROM ORDINARY ACTIVITIES BEFORE TAX (9)-(10) 16,931.27 16,773.55 14,692.66 62,616.20 12. Tax expense (g)+(h) 4,163.06 4,143.97 3,633.55 15,389.21 g) Current tax 3,933.85 4,052.73 3,326.56 14,588.49 h) Deferred tax 229.21 91.24 306.99 800.72 13. NET PROFIT FROM ORDINARY ACTIVITIES AFTER TAX (11)-(12) 12,768.21 12,629.58 11,059.11 47,226.99 14. Extraordinary items (net of tax expense) .. .. .. .. 15. NET PROFIT FOR THE PERIOD (13)-(14) 12,768.21 12,629.58 11,059.11 47,226.99 16. Paid-up equity share capital (face value ₹ 2 each) 1,427.32 1,424.60 1,407.45 1,424.60 17. Reserves excluding revaluation reserves 284,843.68 18. Analytical ratios i) Percentage of shares held by Government of India 0.22% 0.22% 0.22% 0.22% ii) Capital adequacy ratio (Basel III) 16.31% 16.55% 15.96% 16.55% iii) Earnings per share (EPS) a) Basic EPS before and after extraordinary items, net of tax expense (not annualised) (in ₹) 17.91 17.87 15.73 67.01 b) Diluted EPS before and after extraordinary items, net of tax expense (not annualised) (in ₹) 17.63 17.60 15.46 65.89 19. NPA Ratio 1 i) Gross non-performing customer assets (net of write-off) 24,732.65 24,166.18 28,718.63 24,166.18 ii) Net non-performing customer assets 5,971.09 5,589.41 5,684.79 5,589.41 iii) % of gross non-performing customer assets (net of write-off) to gross customer assets 1.67% 1.67% 2.15% 1.67% iv) % of net non-performing customer assets to net customer assets 0.41% 0.39% 0.43% 0.39% 20. Return on assets (annualised) 2.44% 2.52% 2.36% 2.41% 21. Net worth 2 296,601.72 282,055.56 244,448.42 282,055.56 22. Outstanding redeemable preference shares .. .. .. .. 23. Capital redemption reserve 350.00 350.00 350.00 350.00 24. Debt-equity ratio 3 0.18 0.21 0.27 0.21 25. Total debts to total assets 4 5.51% 5.83% 6.35% 5.83% Customer assets consist of advances and credit substitutes. At June 30, 2025, the percentage of gross non-performing advances (net of write-off) to gross advances was 1.75% (March 31, 2025: 1.73%, June 30, 2024: 2.25%) and net non-performing advances to net advances was 0.44% (March 31, 2025: 0.42%, June 30, 2024: 0.46%). Net worth is computed as per RBI Master Circular No. RBI/2015-16/70 DBR.No.Dir.BC.12/13.03.00/2015-16 on Exposure Norms dated July 1, 2015. Net worth also includes Available for Sale ('AFS') Reserve. Debt represents borrowings with residual maturity of more than one year. Total debts represents total borrowings of the Bank. SUMMARISED STANDALONE BALANCE SHEET (₹ in crore) Particulars At June 30, 2025 March 31, 2025 June 30, 2024 (Unaudited) (Audited) (Unaudited) Capital and Liabilities Capital 1,427.32 1,424.60 1,407.45 Employees stock options/units outstanding 2,142.54 2,069.84 1,516.12 Reserves and surplus 302,750.67 288,581.86 251,070.91 Deposits 1,608,517.32 1,610,348.02 1,426,149.46 Borrowings (includes subordinated debt) 117,095.27 123,538.26 120,146.85 Other liabilities and provisions 91,905.85 92,277.39 92,406.30 Total Capital and Liabilities 2,123,838.97 2,118,239.97 1,892,697.09 Assets Cash and balances with Reserve Bank of India 96,453.83 119,928.12 80,438.97 Balances with banks and money at call and short notice 68,144.42 65,633.88 30,224.07 Investments 507,706.63 504,756.74 475,255.60 Advances 1,364,157.06 1,341,766.16 1,223,154.27 Fixed assets 12,878.47 12,838.74 11,101.40 Other assets 74,498.56 73,316.33 72,522.78 Total Assets 2,123,838.97 2,118,239.97 1,892,697.09 Notes on standalone finanical results: 1. The above standalone financial results have been approved by the Board of Directors at its meeting held on July 19, 2025. 2. The standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 "Interim Financial Reporting" ('AS 25'), prescribed under Section 133 of the Companies Act, 2013, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank of India ("RBI") from time to time and other accounting principles generally accepted in India, and are in compliance with the presentation and disclosure requirements of the Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Regulations") as amended including relevant circulars issued by SEBI from time to time. 3. At June 30, 2025, the Bank holds contingency provision of ₹ 13,100.00 crore (March 31, 2025 and June 30, 2024: ₹ 13,100.00 crore). 4. Details of loans sold/acquired by the Bank as per RBI Master Direction on Transfer of Loan Exposures dated September 24, 2021 are given below: a) Loans not in default (i) Details of loans not in default sold/acquired under assignment/participation during three months ended June 30, 2025: ₹ in crore Particulars Loans acquired Loans sold Amount of loan 1,844.60 849.06 Weighted average residual maturity (in years) 10.17 4.60 Weighted average holding period of the originator (in years) 1.02 4.56 Retention of beneficial economic interest by the originator 204.96 1,176.80 Tangible security coverage (times) 1.66 1.99 1. In addition, the Bank has acquired facilities amounting to ₹ 302.79 crore and has sold facilities amounting to ₹ 174.03 crore during three months ended June 30, 2025 through novation. 2. The Bank has not acquired any loan through risk participation in secondary market. 3. The disclosure includes loans acquired through buyout similar to direct assignment. (ii) Details of rating-wise distribution of the loans sold/acquired under assignment during three months ended June 30, 2025: ₹ in crore Rating Loans acquired Loans sold Ind A-, A+, A, AA, AA+, AA- .. 150.00 Crisil A, A+, AA, AA+, A- .. 21.97 Crisil BBB .. 100.00 Infomerics AA- .. 100.00 1. Excluding retail and other unrated loans. Stressed loans (NPA and Special Mention Accounts) (i) Details of stressed loans classified as NPA sold by the Bank during three months ended June 30, 2025: ₹ in crore Particulars To ARCs To permitted transferees Number of accounts 26 .. Aggregate principal outstanding of loans transferred 2 107.67 .. Weighted average residual tenor of the loans transferred 3 .. .. Net book value of loans transferred (at the time of transfer) 2 19.66 .. Aggregate consideration 89.70 .. Additional consideration realised in respect of accounts transferred in earlier years 140.26 .. Excess provision reversed in profit and loss account on account of sale of NPAs to ARCs was ₹ 70.04 crore and no amount was transferred to other permitted transferees. Net of write-off. For NPAs, the Bank issues loan recall notice and initiates legal proceedings for recovery, due to which the weighted average residual tenor is not applicable. The Bank has not sold/acquired loans classified as Special Mention Account during three months ended June 30, 2025. The Bank has not acquired non-performing loans during three months ended June 30, 2025. Details of rating-wise distribution of SRs held by the Bank at June 30, 2025: ₹ in crore Rating NAV estimate % Carrying value RR1 Above 100% .. RR2 Above 75% upto 100% .. RR3 Above 50% upto 75% 176.61 RR4 Above 25% upto 50% .. RR5 Upto 25% 618.26 Total 794.87 Amount represents net of provisions. Further, the Bank holds marked-to-market loss of ₹ 365.92 crore and additional provision of ₹ 428.95 crore. The Bank, on a prudent basis, continues to hold provision against the security receipts guaranteed by Government of India which will be reversed on actual receipt of recoveries or approval of claims, if any, by the Government. 5. With effect from April 1, 2024, the Bank has implemented Master Direction issued by the RBI on Classification, Valuation and Operation of investment Portfolio of Commercial Banks (Directions), 2023 ('RBI Directions') which has introduced significant changes in the basis of classification and accounting of investments and recognition of fair valuation of gains and losses. Accordingly, during FY2025, in standalone financial results, the Bank had accounted net transition gain of ₹ 2,058.31 crore (net of tax) and ₹ 1,156.10 crore (net of tax) in Available for Sale ('AFS') Reserve and General Reserve respectively in accordance with the RBI Directions. Subsequent changes in fair value of performing investments under AFS and Fair Value Through Proft and Loss ('FVTPL') (including Held For Trading ('HFT')) categories have been recognised through AFS Reserve and Profit and Loss account respectively. 6. During Ǫ4-2025, pursuant to the Scheme of Arrangement amongst ICICI Bank Limited and ICICI Securities Limited and their respective shareholders ('the Scheme'), ICICI Securities Limited has been delisted from stock exchanges on March 24, 2025 and became a wholly-owned subsidiary of the Bank. The Bank issued 56,008,117 equity shares of the Bank of face value ₹ 2 each in accordance with the Scheme to the public shareholders of ICICI Securities Limited. In accordance with the Scheme, the Bank recognised a securities premium of ₹ 6,887.60 crore based on the market price of equity shares (at effective date) of the Bank. Further, pursuant to the Scheme, the Bank granted 2,960,270 options and 618,910 units to the employees of ICICI Securities Limited. 7. During Ǫ1-2026, the Bank has allotted 13,611,682 equity shares of ₹ 2 each pursuant to exercise of employee stock options/units. 8. Previous period/year figures have been re-grouped/re-classified where necessary to conform to current period classification. 9. The joint statutory auditors, B S R G Co. LLP, Chartered Accountants and C N K G Associates LLP, Chartered Accountants, have reviewed and audited the standalone financial results for Ǫ1-2026 and FY2025 respectively and issued an unmodified report thereon. The standalone financial results for Ǫ1-2025 were reviewed by the joint statutory auditors, M S K A G Associates, Chartered Accountants and KKC G Associates LLP, Chartered Accountants, on which they had issued unmodified report. 10. The amounts for Ǫ4-2025 are balancing figures between the figures as per the audited financial statements for FY2025 and the published figures for 9M-2025 which was subjected to limited review. 11. ₹ 1.00 crore = ₹ 10.0 million. STANDALONE SEGMENTAL RESULTS (₹ in crore) Sr. no. Particulars Three months ended Year ended June 30, 2025 (Ǫ1-2026) March 31, 2025 (Ǫ4-2025) 7 June 30, 2024 (Ǫ1-2025) March 31, 2025 (FY2025) (Unaudited) (Audited) (Unaudited) (Audited) 1. Segment revenue a Retail Banking 40,458.10 40,617.66 37,378.46 156,184.68 b Wholesale Banking 21,450.76 21,535.91 19,392.15 82,436.21 c Treasury 36,925.37 34,778.14 32,647.36 135,052.58 d Other Banking 1,419.40 1,046.40 690.26 4,386.29 Total segment revenue 100,253.63 97,978.11 90,108.23 378,059.76 Less: Inter segment revenue 48,801.82 48,287.24 44,110.53 186,289.28 Income from operations 51,451.81 49,690.87 45,997.70 191,770.48 2. Segmental results (i.e. Profit before tax) a Retail Banking 4,734.91 6,493.42 4,239.07 21,621.04 b Wholesale Banking 5,387.56 5,551.79 4,912.07 21,564.63 c Treasury 6,260.91 4,465.62 5,473.58 18,760.73 d Other Banking 547.89 262.72 67.94 669.80 Total segment results 16,931.27 16,773.55 14,692.66 62,616.20 3. Segment assets a Retail Banking 820,169.13 792,930.19 747,392.84 792,930.19 b Wholesale Banking 558,374.07 548,269.82 491,263.38 548,269.82 c Treasury 702,764.14 721,695.52 616,608.50 721,695.52 d Other Banking 38,161.59 50,597.21 32,396.38 50,597.21 e Unallocated 4,370.04 4,747.23 5,035.99 4,747.23 Total segment assets 2,123,838.97 2,118,239.97 1,892,697.09 2,118,239.97 4. Segment liabilities a Retail Banking 1,143,008.15 1,111,966.22 1,027,261.28 1,111,966.22 b Wholesale Banking 524,146.96 555,997.39 455,949.98 555,997.39 c Treasury 129,196.41 137,562.04 135,128.50 137,562.04 d Other Banking 5,670.16 7,538.02 6,707.73 7,538.02 e Unallocated 15,496.76 13,100.00 13,655.12 13,100.00 Total segment liabilities 1,817,518.44 1,826,163.67 1,638,702.61 1,826,163.67 5. Capital employed 306,320.53 292,076.30 253,994.48 292,076.30 6. Total (4)+(5) 2,123,838.97 2,118,239.97 1,892,697.09 2,118,239.97 Notes on standalone segmental results: 1. The disclosure on segmental reporting has been prepared in accordance with Securities and Exchange Board of India (SEBI) circular no. CIR/CFD/FAC/62/2016 dated July 5, 2016 on Revised Formats for Financial Results and Implementation of Ind AS by Listed Entities. 2. "Retail Banking" includes exposures of the Bank which satisfy the four criteria of orientation, product, granularity and low value of individual exposures for retail exposures as per RBI guidelines. This segment also includes income from credit cards, debit cards, third party product distribution and the associated costs. RBI's Master Direction on Financial Statements - Presentation and Disclosures, requires to sub-divide 'Retail banking' into (a) Digital Banking (as defined in RBI circular on Establishment of Digital Banking Units dated April 7, 2022) and (b) Other Retail Banking segment. Accordingly, the segmental results for retail banking segment is subdivided as below: (₹ in crore) Sr. no. Particulars Segment revenue Segment results Segment assets Segment liabilities Ǫ1-2026 Retail Banking 40,458.10 4,734.91 820,169.13 1,143,008.15 (i) Digital Banking 10,957.30 1,425.32 142,266.69 245,151.38 (ii) Other Retail Banking 29,500.80 3,309.59 677,902.44 897,856.77 Ǫ4-2025 Retail Banking 40,617.66 6,493.42 792,930.19 1,111,966.22 (i) Digital Banking 10,724.74 1,876.32 145,898.56 208,095.33 (ii) Other Retail Banking 29,892.92 4,617.10 647,031.63 903,870.89 Ǫ1-2025 Retail Banking 37,378.46 4,239.07 747,392.84 1,027,261.28 (i) Digital Banking 9,294.03 1,187.22 135,195.54 192,709.03 (ii) Other Retail Banking 28,084.43 3,051.85 612,197.30 834,552.25 "Wholesale Banking" includes all advances to trusts, partnership firms, companies and statutory bodies, by the Bank which are not included under Retail Banking. "Treasury" primarily includes the entire investment and derivative portfolio of the Bank. "Other Banking" includes leasing operations and other items not attributable to any particular business segment of the Bank. "Unallocated" includes items such as tax paid in advance net of provision, deferred tax and provisions to the extent reckoned at the entity level. The amounts for Ǫ4-2025 are balancing figures between the figures as per the audited financial statements for FY2025 and the published figures for 9M-2025 which was subjected to limited review. For and on behalf of the Board of Directors Mumbai July 19, 2025 Ajay Kumar Gupta Executive Director DIN-07580795 ICICI Bank Limited CIN-L65190GJ1994PLC021012 Registered Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara - 390 007, Gujarat, Phone: 0265-6722239 Corporate Office: ICICI Bank Towers, Bandra-Kurla Complex, Mumbai - 400 051, Maharashtra, Phone: 022-4008 8900 Website: https://www.icicibank.com , Email: [email protected] CONSOLIDATED FINANCIAL RESULTS (₹ in crore) Sr. no. Particulars Three months ended Year ended June 30, 2025 (Ǫ1-2026) March 31, 2025 (Ǫ4-2025) 10 June 30, 2024 (Ǫ1-2025) March 31, 2025 (FY2025) (Unaudited) (Audited) (Unaudited) (Audited) 1. Interest earned (a)+(b)+(c)+(d) 49,079.96 48,386.92 44,581.65 186,331.47 a) Interest/discount on advances/bills 34,271.44 34,547.45 31,755.59 133,243.71 b) Income on investments 12,653.00 11,928.09 11,665.69 47,302.54 c) Interest on balances with Reserve Bank of India and other inter-bank funds 1,105.09 1,052.19 717.74 3,428.66 d) Others 1,050.43 859.19 442.63 2,356.56 2. Other income (e)+(f) 25,496.07 31,360.85 22,688.41 108,255.47 e) Premium and other operating income from insurance business 14,736.38 22,372.74 13,567.06 70,900.83 f) Others 10,759.69 8,988.11 9,121.35 37,354.64 3. TOTAL INCOME (1)+(2) 74,576.03 79,747.77 67,270.06 294,586.94 4. Interest expended 23,090.06 23,047.32 21,121.62 89,027.65 5. Operating expenses (g)+(h)+(i) 30,169.16 36,647.64 28,071.16 127,799.98 g) Employee cost 6,638.22 5,797.01 6,165.85 23,629.94 h) Claims and benefits paid and other expenses pertaining to insurance business 15,872.36 22,933.43 14,646.67 73,806.18 i) Other operating expenses 7,658.58 7,917.20 7,258.64 30,363.86 6. TOTAL EXPENDITURE EXCLUDING PROVISIONS AND CONTINGENCIES (4)+(5) 53,259.22 59,694.96 49,192.78 216,827.63 7. OPERATING PROFIT BEFORE PROVISIONS AND CONTINGENCIES (3)-(6) 21,316.81 20,052.81 18,077.28 77,759.31 8. Provisions (other than tax) and contingencies 1,822.33 940.13 1,315.89 4,905.76 9. PROFIT FROM ORDINARY ACTIVITIES BEFORE EXCEPTIONAL ITEMS AND TAX (7)-(8) 19,494.48 19,112.68 16,761.39 72,853.55 10. Exceptional items .. .. .. .. 11. Add: Share of profit in associates 62.53 30.32 56.87 150.66 12. PROFIT FROM ORDINARY ACTIVITIES BEFORE TAX AND MINORITY INTEREST (9)-(10)+(11) 19,557.01 19,143.00 16,818.26 73,004.21 13. Tax expense (j)+(k) 5,100.68 4,789.31 4,355.45 18,434.83 j) Current tax 4,901.00 4,390.79 4,094.74 17,497.17 k) Deferred tax 199.68 398.52 260.71 937.66 14. Less: Share of profit/(loss) of minority shareholders 898.73 851.47 766.97 3,540.18 15. NET PROFIT FROM ORDINARY ACTIVITIES AFTER TAX (12)-(13)-(14) 13,557.60 13,502.22 11,695.84 51,029.20 16. Extraordinary items (net of tax expense) .. .. .. .. 17. NET PROFIT FOR THE PERIOD (15)-(16) 13,557.60 13,502.22 11,695.84 51,029.20 18. Paid-up equity share capital (face value ₹ 2/- each) 1,427.32 1,424.60 1,407.45 1,424.60 19. Reserves excluding revaluation reserves 306,631.95 20. Earnings per share (EPS) Basic EPS before and after extraordinary items, net of tax expense (not annualised) (in ₹) 19.02 19.11 16.64 72.41 Diluted EPS before and after extraordinary items, net of tax expense (not annualised) (in ₹) 18.71 18.84 16.32 71.14 SUMMARISED CONSOLIDATED BALANCE SHEET (₹ in crore) Particulars At June 30, 2025 March 31, 2025 June 30, 2024 (Unaudited) (Audited) (Unaudited) Capital and Liabilities Capital 1,427.32 1,424.60 1,407.45 Employees stock options/units outstanding 2,142.54 2,069.84 1,516.12 Reserves and surplus 326,045.55 310,411.47 269,786.39 Minority interest 15,813.67 14,836.74 14,396.84 Deposits 1,641,136.66 1,641,637.40 1,456,732.61 Borrowings (includes subordinated debt) 215,148.97 218,883.44 206,033.29 Policyholders' funds 308,119.60 294,305.56 295,381.31 Other liabilities and provisions 158,801.65 158,672.36 162,140.81 Total Capital and Liabilities 2,668,635.96 2,642,241.41 2,407,394.82 Assets Cash and balances with Reserve Bank of India 96,512.74 120,240.91 80,506.78 Balances with banks and money at call and short notice 100,308.43 93,782.55 54,002.68 Investments 905,884.30 886,376.81 857,793.87 Advances 1,445,593.02 1,420,663.71 1,303,045.56 Fixed assets 16,166.85 15,812.42 13,663.27 Other assets 95,711.19 96,905.58 95,472.48 Goodwill on consolidation 8,459.43 8,459.43 2,910.18 Total Assets 2,668,635.96 2,642,241.41 2,407,394.82 Notes on consolidated financial results: 1. The above consolidated financial results have been approved by the Board of Directors at its meeting held on July 19, 2025. 2. The consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standards 25 "Interim Financial Reporting" ('AS 25'), prescribed under Section 133 of the Companies Act, 2013, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank of India ("the RBI") from time to time, the Insurance Regulatory and Development Authority of India ('the IRDAI') applicable for insurance entities and other accounting principles generally accepted in India and, in case of overseas jurisdictions, generally accepted accounting principles as applicable, and are in compliance with the presentation and disclosure requirements of the Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Regulations") as amended including relevant circulars issued by SEBI from time to time. 3. With effect from April 1, 2024, the Bank has implemented Master Direction issued by the RBI on Classification, Valuation and Operation of investment Portfolio of Commercial Banks (Directions), 2023 ('RBI Directions') which has introduced significant changes in the basis of classification and accounting of investments and recognition of fair valuation of gains and losses. For the purpose of consolidation, the domestic group entities (except insurance subsidiaries), have aligned with the Bank's accounting policies including the aforesaid RBI Directions. Accordingly, during FY2025, the Group had accounted net transition gain of ₹ 2,058.31 crore (net of tax and minority interest) and ₹ 1,408.29 crore (net of tax and minority interest) in AFS Reserve and General Reserve respectively in accordance with the RBI Directions. Subsequent changes in fair value of performing investments under AFS and Fair Value Through Proft and Loss ('FVTPL') (including Held For Trading ('HFT')) categories have been recognised through AFS reserve and Profit and Loss account respectively. 4. During Ǫ1-2026, the Bank has allotted 13,611,682 equity shares of ₹ 2 each pursuant to exercise of employee stock options/units. 5. At June 30, 2025, the Bank has 18 subsidiaries (including three step-down subsidiaries) and four associates. During Ǫ1-2026, on account of sale of entire stake in FISERV Merchant Solutions Private Limited and NIIT Institute of Finance Banking and Insurance Training Limited, these entities ceased to be associates of the Bank. 6. During Ǫ4-2025, pursuant to the Scheme of Arrangement amongst ICICI Securities Limited, ICICI Bank Limited and their respective shareholders ('the Scheme'), ICICI Securities Limited has been delisted from stock exchanges on March 24, 2025 and became a wholly-owned subsidiary of the Bank. The Bank issued 56,008,117 equity shares of the Bank of face value ₹ 2 each in accordance with the Scheme to the public shareholders of ICICI Securities Limited. In accordance with the Scheme, the Bank recognised a securities premium of ₹ 6,887.60 crore based on the market price of equity shares of the Bank on effective date of the Scheme. Further, pursuant to the Scheme, the Bank granted 2,960,270 options and 618,910 units to the employees of ICICI Securities Limited. Accordingly, the Bank recognised a goodwill of ₹ 5,549.25 crore in consolidated financial statements at March 31, 2025 on account of acquisition of additional stake in ICICI Securities Limited. Accordingly, the consolidated financial results for Ǫ1-2026 is not comparable with the previous periods. 7. In accordance with RBI guidelines, consolidated Pillar 3 disclosure (unaudited), leverage ratio, liquidity coverage ratio, net stable funding ratio is available at https://www.icicibank.com/regulatory-disclosure.page . 8. Previous period/year figures have been re-grouped/re-classified where necessary to conform to current period classification. 9. The joint statutory auditors, B S R G Co. LLP, Chartered Accountants and C N K G Associates LLP, Chartered Accountants, have reviewed and audited the consoildated financial results for Ǫ1-2026 and FY2025 respectively and issued an unmodified report thereon. The consolidated financial results for Ǫ1-2025 were reviewed by the joint statutory auditors, M S K A G Associates, Chartered Accountants and KKC G Associates LLP, Chartered Accountants, on which they had issued unmodified report. 10. The amounts for Ǫ4-2025 are balancing figures between the figures as per the audited consolidated financial statements for FY2025 and the published figures for 9M-2025 which was subjected to limited review. 11. ₹ 1.00 crore = ₹ 10.0 million. CONSOLIDATED SEGMENTAL RESULTS (₹ in crore) Sr. no. Particulars Three months ended Year ended June 30, 2025 (Ǫ1-2026) March 31, 2025 (Ǫ4-2025) 11 June 30, 2024 (Ǫ1-2025) March 31, 2025 (FY2025) (Unaudited) (Audited) (Unaudited) (Audited) 1. Segment revenue a Retail Banking 40,458.10 40,617.66 37,378.46 156,184.68 b Wholesale Banking 21,450.76 21,535.91 19,392.15 82,436.21 c Treasury 36,973.20 34,775.09 32,651.54 135,042.31 d Other Banking 2,112.59 1,763.55 1,497.42 7,508.32 e Life Insurance 12,070.95 19,449.14 11,335.68 60,224.24 f General Insurance 6,897.64 6,466.22 6,175.57 25,651.09 g Others 5,273.53 4,652.09 4,436.39 18,832.65 Total segment revenue 125,236.77 129,259.66 112,867.21 485,879.50 Less: Inter segment revenue 50,660.74 49,511.89 45,597.15 191,292.56 Income from operations 74,576.03 79,747.77 67,270.06 294,586.94 2. Segmental results (i.e. Profit before tax and minority interest) a Retail Banking 4,734.91 6,493.42 4,239.07 21,621.04 b Wholesale Banking 5,387.56 5,551.79 4,912.07 21,564.63 c Treasury 6,308.70 4,462.54 5,477.73 18,750.32 d Other Banking 678.91 408.63 314.13 1,451.19 e Life Insurance 344.83 414.12 260.23 1,336.43 f General Insurance 993.73 668.18 773.99 3,321.29 g Others 2,381.18 1,784.33 1,683.11 7,423.08 Total segment results 20,829.82 19,783.01 17,660.33 75,467.98 Less: Inter segment adjustment 1,335.34 670.33 898.94 2,614.43 Add: Share of profit in associates 62.53 30.32 56.87 150.66 Profit before tax and minority interest 19,557.01 19,143.00 16,818.26 73,004.21 3. Segment assets a Retail Banking 820,169.13 792,930.19 747,392.84 792,930.19 b Wholesale Banking 558,374.07 548,269.82 491,263.38 548,269.82 c Treasury 703,917.33 722,733.26 617,563.37 722,733.26 d Other Banking 91,197.10 102,559.47 85,504.40 102,559.47 e Life Insurance 327,396.06 314,088.54 313,150.94 314,088.54 f General Insurance 71,655.77 68,561.74 65,696.63 68,561.74 g Others 107,153.71 102,968.20 95,096.58 102,968.20 h Unallocated 4,541.85 5,533.91 5,439.56 5,533.91 Total 2,684,405.02 2,657,645.13 2,421,107.70 2,657,645.13 Less: Inter segment adjustment 15,769.06 15,403.72 13,712.88 15,403.72 Total segment assets 2,668,635.96 2,642,241.41 2,407,394.82 2,642,241.41 4. Segment liabilities a Retail Banking 1,143,008.15 1,111,966.22 1,027,261.28 1,111,966.22 b Wholesale Banking 524,146.96 555,997.39 455,949.98 555,997.39 c Treasury 157,396.53 164,653.06 160,318.98 164,653.06 d Other Banking 52,726.34 53,777.64 54,147.38 53,777.64 e Life Insurance 315,014.83 302,298.83 302,050.71 302,298.83 f General Insurance 55,870.23 54,036.44 52,402.27 54,036.44 g Others 91,432.24 87,909.64 83,024.16 87,909.64 h Unallocated 15,194.33 13,100.00 13,242.98 13,100.00 Total 2,354,789.61 2,343,739.22 2,148,397.74 2,343,739.22 Less: Inter segment adjustment 15,769.06 15,403.72 13,712.88 15,403.72 Total segment liabilities 2,339,020.55 2,328,335.50 2,134,684.86 2,328,335.50 5. Capital employed 329,615.41 313,905.91 272,709.96 313,905.91 6. Total (4)+(5) 2,668,635.96 2,642,241.41 2,407,394.82 2,642,241.41 Notes on consolidated segmental results: 1. The disclosure on segmental reporting has been prepared in accordance with Securities and Exchange Board of India (SEBI) circular no. CIR/CFD/FAC/62/2016 dated July 5, 2016 on Revised Formats for Financial Results and Implementation of Ind AS by Listed Entities. 2. 'Retail Banking' includes exposures of the Bank which satisfy the four criteria of orientation, product, granularity and low value of individual exposures for retail exposures as per RBI guidelines. This segment also includes income from credit cards, debit cards, third party product distribution and the associated costs. 3. 'Wholesale Banking' includes all advances to trusts, partnership firms, companies and statutory bodies, by the Bank which are not included under Retail Banking. 4. 'Treasury' primarily includes the entire investment and derivative portfolio of the Bank. 5. 'Other Banking' includes leasing operations and other items not attributable to any particular business segment of the Bank. Further, it includes the Bank's banking subsidiaries i.e. ICICI Bank UK PLC and ICICI Bank Canada. 6. 'Life Insurance' represents ICICI Prudential Life Insurance Company Limited. 7. 'General Insurance' represents ICICI Lombard General Insurance Company Limited. 8. 'Others' comprises the consolidated entities of the Bank, not covered in any of the segments above. 9. 'Unallocated' includes items such as tax paid in advance net of provision, deferred tax and provisions to the extent reckoned at the entity 10. On March 24, 2025, ICICI Securities Limited has become a wholly-owned subsidiary of the Bank. Accordingly, the consolidated financial results for Ǫ1-2026 is not comparable with the previous periods. 11. The amounts for Ǫ4-2025 are balancing figures between the figures as per the audited financial statements for FY2025 and the published figures for 9M-2025 which was subjected to limited review. For and on behalf of the Board of Directors Mumbai July 19, 2025 Ajay Kumar Gupta Executive Director DIN-07580795

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