Shares of ICICI Bank, one of India's largest private-sector banks, closed nearly 1% higher on April 20, following the announcement of its financial results for the March quarter. The bank reported a 9.28% increase in consolidated net profit, reaching ₹14,755 crore. This growth was significantly aided by a sharp decline in provisioning costs, which dropped by nearly 90%. On a standalone basis, ICICI Bank's net profit rose by 8.5% to ₹13,702 crore compared to ₹12,630 crore in the same quarter last year. For the fiscal year 2025-26, the bank's post-tax profit increased by 6.2%, totaling ₹50,147 crore. Additionally, the bank's core net interest income saw an 8.4% rise to ₹22,979 crore, supported by a 15% growth in assets and a slight increase in net interest margin to 4.32%. The positive earnings report contributed to a rise in the stock price, which peaked at ₹1,376.25 during the trading session.