ICICI Bank Q3 result preview: Private lender ICICI Bank will likely outperform private peers when it reports its October-December quarter (Q3) results for 2022-23 financial year (FY23) on Saturday, January 21.
According to analysts, the bank may clock robust topline growth on the back of healthy loan growth, especially in the retail segment. Margins, they said, may also expand due to better product mix.
Overall, consensus estimate by Bloomberg pegs ICICI Bank's net profit growth at 33 per cent year-on-year (YoY)/9 per cent quarter-on-quarter (QoQ) at Rs 8,242 crore. PAT was Rs 6,194 crore in Q3FY22, and Rs 7,558 crore in Q2FY23.
Net interest income (NII), meanwhile, is forecasted at Rs 20,965 crore, up 22 per cent YoY/5.7 per cent QoQ.
Here's what key brokerages expect from the results:
The brokerage expects ICICI Bank to pos
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