Analysts expect profit to rise 40-47% YoY, NII 21% - MoneyNut.in

Analysts have issued extremely optimistic expectations for ICICI Bank's April-June quarter (Q1FY23) results.

Four out of five brokerages, including JP Morgan, Edelweiss Securities, and Emkay Global

expect ICICI Bank's Q1 net profit to increase by 40% to 47% year on year (YoY), reaching Rs 6,790 crore.

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This would be a 3.3% decrease from the Rs 7,018.7-crore profit reported in Q4FY22.

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