ICICI Bank, Macrotech Developers, Yes Bank Q4 Results Today: Here's What To Expect
Leading private lenders ICICI Bank and Yes Bank will also announce their financials for the March quarter on Saturday.
Private lenders ICICI Bank Ltd. and Yes Bank Ltd. will announce their financials for the quarter and year ended March 2023 on Saturday.
ICICI Bank, the largest private lender in the nation, is expected to post a revenue of Rs 22,356.67 crore for the quarter under review, analysts estimate. The net profit of the bank is expected to be Rs 9,138.10 crore.
Macrotech Developers Ltd. will be the first real estate player to announce its earnings for the period. The company will announce its results today.
According to analyst estimates tracked by Bloomberg, Macrotech Developers is likely to see its revenue slip 17% year-on-year to Rs 2,856.14 crore during the three months to March 2023.
Estimates suggest that both Ebitda and net profit are expected to experience a similar decline during the period.
C.E. Info Systems Ltd., the company that runs the mapping service MapMyIndia, will also announce its quarterly results.
The company is expected to witness a 15.36% sequential rise in revenue at Rs 78.05 crore during the March quarter of fiscal 2023. Net profit for the period under review is expected to dip 0.8% quarter-on-quarter to Rs 29.4 crore.