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ICICI Bank Q1 Net Profit seen up 59.1% YoY to Rs. 4,136.5 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 15.6 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs. 10,731.6 crore, according to Motilal Oswal.

July 08, 2021 / 08:08 PM IST
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Motilal Oswal has come out with its first quarter (April-June’ 21) earnings estimates for the Banks and Insurance sector. The brokerage house expects ICICI Bank to report net profit at Rs. 4,136.5 crore up 59.1% year-on-year (down 6% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 15.6 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs. 10,731.6 crore, according to Motilal Oswal.


Pre Provision Profit (PPP) is likely to fall by 15.3% Y-o-Y (up 6.9 percent Q-o-Q) to Rs. 9,127.4 crore.


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