ICICI Securities Q2 Net Profit seen up 15.8% YoY to Rs. 322 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the NBFC sector. The brokerage house expects ICICI Securities to report net profit at Rs. 322 crore up 15.8% year-on-year (up 3.6% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 15.4 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 785.5 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 16.6% Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 434 crore.

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