ICICI Bank's Q4 PAT seen up 21% to Rs 2307cr

ICICI Bank will announce its fourth quarter results today. According to CNBC-TV18's estimates, the company's Q4FY13 net interest income (NII) is seen up 17 percent at Rs 3644 crore versus Rs 3104.77 crore, year-on-year, YoY. Its PAT is seen up 21 percent at Rs 2307 crore versus Rs 1901.8 crore.

Asset Quality overall in line with Q3 Restructuring could be higher Q-o-Q due to stress in large and mid-corp segments. Restructuring in Q3 stood at Rs 350 crore versus Rs 139 crore QoQ - in line with guidance of Rs 500 crore. Q3 Slippages were lower @ Rs 850 crore versus Rs 1220 crore Q-o-Q. Average quarterly run-rate of slippages is Rs 700-800 crore. No deterioration expected in net interest margins NIMs could improve marginally on account of improvement in international NIMs to 1.4-1.5 percent versus 1.3 percent. Q3 saw NIMs expanding marginally by 7 bps to 3.07% vs 3% Domestic NIMs expanded to 3.47% up 4 bps Q-o-Q and international NIMs stood at 1.31%, up 9 bps Q-o-Q.