ICICI Bank Q3 Net Profit may dip 1.3% YoY to Rs. 4,092.3 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 20) earnings estimates for the Banking sector. The brokerage house expects ICICI Bank to report net profit at Rs. 4,092.3 crore down 1.3% year-on-year (down 3.7% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 13 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 9,660.4 crore, according to Prabhudas Lilladher.

Pre Provision Profit (PPP) is likely to rise by 8.4% Y-o-Y (down 0.9 percent Q-o-Q) to Rs. 8,183.6 crore.

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