Shares of ICICI Bank, one of India's largest private-sector lenders, increased by 2.13% to ₹1,376.25 on the Bombay Stock Exchange (BSE) and 2.19% to ₹1,376.40 on the National Stock Exchange (NSE) following the announcement of its quarterly earnings. The bank reported a 9.28% rise in consolidated net profit for the March quarter, amounting to ₹14,755 crore (approximately $1.77 billion USD), aided by a nearly 90% reduction in provisioning costs. 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 period last year. For the fiscal year 2025-26, the bank's post-tax profit increased by 6.2% to ₹50,147 crore from ₹47,227 crore in FY25. The bank also reported an 8.4% increase in core net interest income to ₹22,979 crore, driven by a 15% growth in assets and a slight expansion in net interest margin to 4.32%. Sandeep Batra, the bank's executive director, noted that while the asset growth is robust, uncertainties due to the West Asia conflict pose challenges for future outlook.