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ICICI Bank Q2 Net Profit seen up 18.6% YoY to Rs. 5,040.5 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 19.8 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs. 11,218.7 crore, according to Motilal Oswal.

October 13, 2021 / 02:23 PM IST
 
 
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Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the Banking sector. The brokerage house expects ICICI Bank to report net profit at Rs. 5,040.5 crore up 18.6% year-on-year (up 9.2% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 19.8 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs. 11,218.7 crore, according to Motilal Oswal.


Pre Provision Operating Profit (PPOP) is likely to rise by 14.2% Y-o-Y (up 6 percent Q-o-Q) to Rs. 9,431.7 crore.


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