ICICI Bank Q3 Net Profit seen up 29.2% YoY to Rs. 8,002.8 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Banks sector. The brokerage house expects ICICI Bank to report net profit at Rs. 8,002.8 crore up 29.2% year-on-year (up 5.9% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 29.8 percent Y-o-Y (up 7.4 percent Q-o-Q) to Rs. 15,879 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to rise by 20.9% Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 12,270.4 crore.

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