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Bandhan Bank Q1 Net Profit may dip 31.4% YoY to Rs. 377.3 cr: ICICI Direct

Net Interest Income (NII) is expected to increase by 13 percent Y-o-Y (up 16.5 percent Q-o-Q) to Rs. 2,047.3 crore, according to ICICI Direct.

July 13, 2021 / 08:38 PM IST
 
 
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ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Banking & Financial Services sector. The brokerage house expects Bandhan Bank to report net profit at Rs. 377.3 crore down 31.4% year-on-year (up 266.2% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 13 percent Y-o-Y (up 16.5 percent Q-o-Q) to Rs. 2,047.3 crore, according to ICICI Direct.


Pre Provision Profit (PPP) is likely to rise by 15.2% Y-o-Y (up 5.5 percent Q-o-Q) to Rs. 1,825.1 crore.


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