Bandhan Bank Q1 Net Profit may dip 85% YoY to Rs. 82.5 cr: Emkay Research

Emkay Research has come out with its first quarter (April-June’ 21) earnings estimates for the BFSI sector. The brokerage house expects Bandhan Bank to report net profit at Rs. 82.5 crore down 85% year-on-year (down 19.9% quarter-on-quarter).

Net Interest Income (NII) is expected to increaseby 4.3 percent Y-o-Y (up 7.5 percent Q-o-Q) to Rs. 1,888.8 crore, according to Emkay Research.

Pre Provision Profit (PPP) is likely to rise by 0.6% Y-o-Y (down 7.9 percent Q-o-Q) to Rs. 1,593.5 crore.

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