Today, January 25, banking giants ICICI Bank, Yes Bank, and IDFC First Bank will release their Q3FY25 financial results. On Saturday, 13 businesses, including JK Cement, are anticipated to release their Q3 financial results.
ICICI Bank Q3 Results 2025 Preview:
Today, Saturday, January 25, 2025, several prominent banks, including ICICI Bank, IDFC First Bank, and Yes Bank, are anticipated to issue their Q3FY25 financial results.
On Saturday, January 25, 2025 (today), about 13 businesses, including the cement producer JK Cement, the banking giants ICICI Bank, IDFC First Bank, and YES Bank, will release their Q3 financial results.
Today, Saturday, January 25, 2025, ICICI Bank, the second-largest private banker in India, will make its Q3 figures public. The financial statements for the third quarter of FY25, or Q3FY25, will be reviewed and approved by the board of directors (BOD).
With a slight increase in net profit, ICICI Bank is anticipated to record robust net interest income (NII) growth in the fiscal third quarter that concludes in December 2024. Analysts also expect the lender’s business expansion to remain strong, with high-cost ratios and slightly modest profitability.
Investors may be reminded of YES Bank’s Q2 performance, characterized by a robust year-over-year (YoY) increase in profit, by the company’s October-December quarter (Q3) earnings. However, on a quarter-over-quarter (QoQ) basis, the bank’s profitability would be weak because the lender’s Q3 net interest margin (NIM) might remain unchanged.
Investors will concentrate on profitability, asset quality ratios, and management’s remarks about the future, even though analysts generally anticipate the bank to post steady performance for Q3FY25.
Experts anticipate steady Q3 earnings for YES Bank, citing the lender’s Q3FY25 business updates. However, most expect NIM to face pressure due to a lack of compliance with priority sector lending (PSL).
Analysts anticipate further stress for mid-sized private banks, such as IDFC First Bank, which have significant exposure to the unsecured retail and MFI segments. Still, they are cautious about asset quality and expect the bank to post good results.
Motilal Oswal predicts that NII would increase by 15.7% year over year and 3.6% quarter over quarter to ₹4,958 crore. To reach ₹2,027 crore, operating profit is expected to grow by 29.8% year over year and 3.3% quarter over quarter. However, net profit is predicted to show a YoY fall of 30.1% to ₹500 crore while increasing by 149.3% QoQ.
With a target price of ₹64 per share, the brokerage keeps its rating on the company at ‘Neutral.’
