According to consensus estimates by Bloomberg, ICICI Bank’s profit after tax (PAT) may come in at Rs 9,304 crore, up 12 per cent quarter-on-quarter (QoQ) and 32.6 per cent year-on-year (YoY).
The lender is slated to report its January-March quarter result on Saturday, April 22.
BNP Paribas
NII, and pre-provision operating profit (PPoP), meanwhile, are seen slipping 1 per cent and 2 per cent, respectively, on a quarterly basis to Rs 16,284.4 crore and 13,020.2 crore. On a YoY basis, this is an over 25 per cent growth for both the parameters.
It expects NII to 36 per cent YoY and over 4 per cent QoQ to Rs 17,166 crore on the back of 18 per cent YoY improvement in loan book.
PPoP was Rs 10,293 crore in Q4FY22 and Rs 13,271 crore in Q3FY23. PBT, and PAT are pegged at Rs 12,151 crore, and Rs 9,074 crore, respectively.
It expects PPoP to grow at around 33 per cent YoY (Rs 13,661.7 crore) due to most operating metrics staying stable to positive. It antici[ates loan growth to be solid at 20 per cent YoY driven by healthy contribution from all segments. They have built flat NIM on a sequential basis at 4.7 per cent.
Slippages could be around 2 per cent (Rs 5,000 crore), with asset quality staying steady.
Phillip Capital
The brokerage pegs a 12.6 per cent QoQ decline in slippages to Rs 5,000 vs Rs 5,723 crore in Q3FY23. On a yearly basis, though, slippages may be 19 per cent higher.
The Loan book is pegged at Rs 10.13 trillion, up 18 per cent YoY (Rs 8.5 trillion) and 4 per cent QoQ (Rs 9.74 trillion).