ICICI Bank Q1 Net Profit seen up 10% YoY to Rs. 10,611.7 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April - June’ 24) earnings estimates for the Banking sector. The brokerage house expects ICICI Bank to report net profitat Rs. 10,611.7 crore up 10% year-on-year (down 0.9% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 8.2 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 19,726.6 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to rise by 7.8% Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 15,248.9 crore.

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