ICICI Bank Q4FY18 result preview: Will higher provisions dent profitability?

ICICI Bank likely to announce results for Q4FY18 today. Bank's net profit fell 32% in the quarter ended December 2017 due to lower income from treasury even as provisions from non-performing assets

ICICI Bank is likely to announce its results for the March 2018 quarter (Q4FY18) results today. In the previous quarter, the bank’s net profit fell 32% in the quarter ended December 2017 due to lower income from treasury even as provisions for non-performing assets (NPAs) remained elevated.

Investors will keep a tab on the provisions the bank makes for non-performing loans (NPLs). This assumes significance as another private sector banking major, Axis Bank, reported a net loss of Rs 21.8 billion for the quarter ended March 2018 (Q4FY18), as non-performing assets (NPAs) soared and provisions for bad loans surged three