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ICICI Prudential AMC Q2 results beat estimates, here's what brokerages say

ICICI Bank is in focus in a quarterly results development.

· Business Today Mkts, NDTV Profit

Net profit came at Rs 888 crore in Q2 against Rs 837 crore in the year ago period. Revenue from operations grew 16.3% year-on-year from Rs 1,439.06 crore in the September 2026 quarter of the previous year.

ICICI Bank reported Rs 888 crore, Rs 837 crore and Rs 1,439.06 crore, with movement of 16.3% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -1.8% on the day at ₹1,330.50, and has returned -4.4% over three months. It sits 9% below its 52-week high. The banks sector has moved -4.9% over the same period, so ICICI Bank is running 0.5 points ahead of its peers.

For ICICI Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • Fund flows and NAV moves show where domestic retail conviction is actually going, month after month.
  • The company directly in focus is ICICIBANK.
  • Sector exposure: Banks.
  • The immediate tone of coverage reads positive.