ICICI Bank Q1 Net Profit seen up 35.9% YoY to Rs. 6,272.4 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Banks sector. The brokerage house expects ICICI Bank to report net profit at Rs. 6,272.4 crore up 35.9% year-on-year (down 10.6% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 20.5 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 13,177.4 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to rise by 15.3% Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 10,253.2 crore.

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