Archive · 20 Jul 2026
Mixed Performance for Private Banks Post Q1 Earnings
After releasing their earnings for the first three months of the year, some private banks in India saw their stock prices go up while others went down.
ICICI Bank did well and its stock price increased by 2.4%.
But HDFC Bank, Axis Bank, Kotak Mahindra Bank, and Yes Bank saw their stock prices drop.
Analysts from big companies like Morgan Stanley and Bernstein gave their opinions on these banks.
They said ICICI Bank had the best loan growth and HDFC Bank had some problems with how much money they make from loans.
Overall, the banks had different results, with some doing better than others.
ICICI Bank shares rose 2.4% to ₹1,480 on the NSE after reporting a 16% y-o-y increase in net profit.
HDFC Bank shares fell over 5% to ₹777.50 despite a 5% y-o-y increase in net profit.
Axis Bank shares declined 5.4% to ₹1,256.60 after a 23% rise in net profit.
Kotak Mahindra Bank shares slipped 3.5% to ₹376.10 with a 26% y-o-y rise in net profit.
Yes Bank shares dropped 3.8% to ₹22.71, while Punjab National Bank shares increased over 4%.
- Who
- Private sector banks including ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank, and Punjab National Bank
- What
- Mixed performance in stock prices and earnings reports for Q1FY27
- When
- After the announcement of June quarter earnings
- Where
- National Stock Exchange (NSE)
- Why
- Variations in net interest income, provisions, and market reactions to earnings reports
- ICICI Bank
- ₹1,480, +2.4%
- HDFC Bank
- ₹777.50, -5%
- Axis Bank
- ₹1,256.60, -5.4%
- Kotak Mahindra Bank
- ₹376.10, -3.5%
- Yes Bank
- ₹22.71, -3.8%
- Punjab National Bank
- +4%
- ICICI Bank Q1 Profit
- ₹14,805 crore, +16% y-o-y
- HDFC Bank Q1 Profit
- ₹19,060 crore, +5% y-o-y
- Axis Bank Q1 Profit
- ₹7,114 crore, +23% y-o-y
- Kotak Mahindra Bank Q1 Profit
- ₹4,123 crore, +26% y-o-y