ICICI Bank Q1 PAT rises 16% to ₹14,805 crore
ICICI Bank reported a 16% year-on-year increase in profit after tax, reaching ₹14,805 crore for the first quarter of fiscal year 2027. This performance exceeded analysts' expectations, driven by a reduction in provisions from ₹1,815 crore in the previous year to ₹1,260 crore. The bank's strong results reflect its robust financial health and operational efficiency in a competitive market.