ICICI Bank Q4 Net Profit seen up 30.4% YoY to Rs. 9,155.5 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January - March’ 23) earnings estimates for the Banking and Financial sector. The brokerage house expects ICICI Bank to report net profit at Rs. 9,155.5 crore up 30.4% year-on-year (up 10.2% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 38.6 percent Y-o-Y (up 6.1 percent Q-o-Q) to Rs. 17,466.4 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 36.5% Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 14,047.4 crore.

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