Q3 outcomes as we speak: A lot of banking sector majors equivalent to ICICI Financial institution, IDFC First Financial institution and Sure Financial institution are anticipated to launch their Q3FY25 earnings experiences as we speak, on Saturday, January 25, 2025.
Q3 Outcomes Right this moment — January 25, 2025
Some 13 firms, together with the banking majors ICICI Financial institution, IDFC First Financial institution, YES Financial institution and cement firm JK Cement, will announce their Q3 earnings numbers on Saturday, January 25, 2025 (as we speak).
ICICI Financial institution Q3 Outcomes 2025 Preview
India’s second-largest personal banker ICICI Financial institution, will announce its Q3 outcomes as we speak, Saturday, January 25, 2025. The board of administrators (BOD) will contemplate and approve the monetary outcomes for the third quarter of FY25, Q3FY25.
As per estimates, ICICI Financial institution is anticipated to report sturdy internet curiosity revenue (NII) progress within the fiscal third quarter ended December 2024, with a modest rise in internet revenue. Additional, analysts count on the lender’s enterprise progress to stay wholesome, with elevated value ratios, whereas margins are anticipated to reasonable mildly.
YES Financial institution Q3 outcomes preview
The October-December quarter (Q3) earnings of YES Financial institution could remind buyers of its Q2 efficiency, marked by a powerful year-on-year (YoY) rise in revenue. Nevertheless, the financial institution’s earnings could stay on the softer aspect on a quarter-on-quarter (QoQ) foundation as there’s a chance that the lender’s Q3 internet curiosity margin (NIM) might stay flat.
Whereas consultants largely count on the financial institution to report secure efficiency for Q3FY25, buyers will deal with profitability, asset high quality ratios, and the administration’s feedback on the street forward.
Noting YES Financial institution’s Q3FY25 enterprise updates, consultants count on the lender’s Q3 earnings to be secure. Nevertheless, most of them count on stress on NIM because of a shortfall in precedence sector lending (PSL) compliance.
IDFC First Financial institution Q3 Outcomes Preview
Analysts count on the financial institution to report a wholesome set of numbers however stay cautious about asset high quality, anticipating continued stress for mid-sized personal banks, together with IDFC First Financial institution, which have important publicity to unsecured retail and MFI segments.
Motilal Oswal anticipates a 15.7 per cent YoY and three.6 per cent QoQ rise in NII to ₹4,958 crore. Working revenue is projected to develop 29.8 per cent YoY and three.3 per cent QoQ to ₹2,027 crore. Nevertheless, internet revenue is anticipated to extend 149.3 per cent QoQ whereas exhibiting a YoY decline of 30.1 per cent to ₹500 crore.
The brokerage maintains a ‘Impartial’ score on the inventory with a goal value of ₹64 per share.
Disclaimer: The views and suggestions above are these of particular person analysts, consultants, and brokerage companies, not Mint. We advise buyers to seek the advice of licensed consultants earlier than making any funding selections.
