Bajaj Finance Q3 net profit seen up 41.3% YoY at Rs 3,003.2 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Financial Services sector. The brokerage house expects Bajaj Finance to report net profit at Rs 3,003.2 crore, up 41.3 percent year-on-year (up 8 percent quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 24.6 percent Y-o-Y (up 6.4 percent Q-o-Q) to Rs 5,891.3 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to rise by 22.4 percent Y-o-Y (up 6.9 percent Q-o-Q) to Rs 4,796.2 crore.

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