ICICI Bank Q3 Net Profit seen up 30.5% YoY to Rs. 8,079.9 cr: Emkay

Emkay has come out with its third quarter (October-December’ 23) earnings estimates for the BFSI sector. The brokerage house expects ICICI Bank to report net profit at Rs. 8,079.9 crore up 30.5% year-on-year (up 6.9% quarter-on-quarter).

Interest Income (NII) is expected to increase by 28.1 percent Y-o-Y (up 6 percent Q-o-Q) to Rs. 15,677 crore, according to Emkay.

Pre Provision Operating Profit (PPOP) is likely to rise by 23.9% Y-o-Y (up 7.6 percent Q-o-Q) to Rs. 12,573.2 crore.

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