ICICI Bank and HDFC Bank reported profit growth for Q1 2026, signaling resilience in the Indian banking sector. ICICI's profit rose 16% year-over-year due to improved net interest income, fee income, and lower bad loan provisions, while HDFC saw a 5% increase driven by lending expansion. Additionally, financial results for Q2 2026 were released by Repsol and BE Semiconductor on July 23.
Three major international firms across banking, energy, and semiconductors released their 2026 fiscal reports as investors monitor operational health.
Read the full storyThe Indian lender reported a 16% rise in net profit as strong core operating performance and lower provisions offset rising expenses.
ICICI Bank saw a 16% profit surge on improved asset quality, while HDFC Bank reported a 5% increase driven by robust credit demand.