AU Small Finance Q2 Net Profit seen up 17.9% YoY to Rs. 404 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July - September’ 24) earnings estimates for the Banking and Insurance sector. The brokerage house expects AU Small Finance to report net profitat Rs. 404 crore up 17.9% year-on-year (up 4.4% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 20.3 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 1,302.8 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 18.6% Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 591.7 crore.

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