ICICI Bank Q3 Results LIVE Updates: Net profit likely to rise 20%, NII to grow 12% YoY; margin may compress

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₹10,000 crore from ₹8,312 in the same quarter of last fiscal year, as per average brokerage estimates. Healthy fee income and stable cost ratios is likely to support Pre-provisions operating profit (PPOP) growth.ICICI Bank Q3 Results Live: ICICI Bank’s Q3 loan loan growth is expected to remain healthy, led by Retail and SME segments.

Expect credit costs to inch up slightly; adequate contingency buffers to add comfort, while margin trajectory is likely to compress .ICICI Bank Q3 Results Live: The second largest private sector lender in India, ICICI Bank is expected to report decent earnings for the third quarter of FY24 with strong net profit and net interest income (NII) growth supported by healthy fee income, stable cost ratios to and benign credit costs. Margin compression is likely to be visible in Q3FY24.

Advances growth is estimated to be healthy, while no challenges are seen on asset quality. ICICI Bank Q3 Results Live: ICICI Bank, the second largest private sector lender in India, will announce its Q3 results today.

The bank is expected to report decent earnings for the third quarter of FY24. Download the App to get 14 days of unlimited access to Mint Premium absolutely free!