Gold Silver Reports (GSR) – ICICI Bank Rises Ahead Of March Quarter Earnings – Shares of the country’s third largest private sector lender by market cap rose 0.6 percent to Rs 284.50 ahead of its March quarter earnings. –
Here’s what to expect from ICICI Bank in Q4:
✅ Net interest income (NII) seen 1 percent lower at Rs 5,901 crore versus Rs 5,962 crore
✅ Net profit seen 47.6 percent lower at Rs 1,061 crore versus Rs 2,025 crore
✅ High variance in PAT estimates ranging from a profit of Rs 2,295 crore to a net loss of Rs 1,409 crore
✅ NIM seen at 3.10 percent versus 3.14 percent (QoQ)
SQS India Surges After Profit More than Doubles In Q4
Shares of the Chennai-based software developer rose as much as 11.37 percent to Rs 556.50 after its profit in March quarter more than doubled.
Key earnings highlights:
✅ Revenue rose 31.5 percent to Rs 75.6 crore versus Rs 57.5 crore (YoY)
✅ Net profit up 105 percent at Rs 9.46 crore versus Rs 4.86 crore (YoY)
