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    HomeNewsBusinessICICI Bank Q3 Net Profit may dip 10.5% YoY to Rs. 3,712.1 cr: Emkay

    ICICI Bank Q3 Net Profit may dip 10.5% YoY to Rs. 3,712.1 cr: Emkay

    Net Interest Income (NII) is expected to increase by 11.1 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 9,490.6 crore, according to Emkay.

    January 20, 2021 / 18:19 IST
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    Emkay has come out with its third quarter (October-December’ 20) earnings estimates for the BFSI sector. The brokerage house expects ICICI Bank to report net profit at Rs. 3,712.1  crore down 10.5% year-on-year (down 12.7% quarter-on-quarter).

    Net Interest Income (NII) is expected to increase by 11.1 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 9,490.6 crore, according to Emkay.

    Pre Provision Profit (PPP) is likely to rise by 8.8% Y-o-Y (down 0.6 percent Q-o-Q) to Rs. 8,215.6 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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    first published: Jan 20, 2021 06:19 pm

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