Mumbai: Private sector lender ICICI Bank Ltd is likely to report a net profit of ₹3,510.50 crore for the three months ended March as against a profit of R 969 crore during the same period last year, according to an average estimate of 16 analysts polled by Bloomberg.
The bank will declare its Q4 FY20 results on Saturday. Analysts at Emkay Research expect ICICI Bank to report relatively healthy earnings despite some prudent provisioning.
The bank could see some moderation in margins, coupled with higher loan loss provisioning, including on Vodafone and contingent provisions on ensuing covid-19 related bad assets.