HDFC Bank and ICICI Bank, two of India's largest private sector lenders, are scheduled to announce their financial results for the first quarter of FY27 on July 18, 2026. Analysts expect HDFC Bank to report a net profit of ₹19,226 crore, marking a growth of 5.9% from ₹18,155 crore in the same quarter last year. Meanwhile, ICICI Bank's net profit is projected to rise 3.1% to ₹13,164 crore from ₹12,768 crore year-on-year.
HDFC Bank Expectations
HDFC Bank's net interest income (NII) is estimated to grow 8.5% to ₹34,110 crore, up from ₹31,438 crore a year earlier. Analysts from Motilal Oswal Financial Services predict that the bank's net interest margin (NIM) will remain stable. Loan growth is expected to be strong at 14.5% year-on-year, driven by corporate and business banking segments. The gross non-performing assets (GNPA) ratio is anticipated to decrease to 1.1% from 1.2% quarter-on-quarter.
ICICI Bank Projections
ICICI Bank is also expected to show robust performance, with NII projected to rise 10.5% to ₹23,906 crore. Loan growth is forecasted at 18.5% year-on-year, supported by demand for gold loans, corporate loans, and mortgages. The bank's asset quality is expected to remain stable, with both gross and net NPAs flat at 1.4% and 0.3%, respectively. Analysts anticipate that seasonal stress in agriculture may lead to increased slippages, but overall credit costs are expected to stabilize.
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The earnings reports from HDFC and ICICI Banks could influence investor sentiment in the banking sector, particularly affecting bank stocks and indices such as the Nifty Bank. Strong loan growth and stable asset quality may boost confidence in the financial sector.
Investors will watch for the detailed earnings reports and guidance from both banks on July 18, 2026.