Bandhan Bank Q3 Net Profit may dip 43.2% YoY to Rs. 359.3 cr: Motilal Oswal

Motilal Oswal has come out with its third quarter (October-December’ 21) earnings estimates for the Banks sector. The brokerage house expects Bandhan Bank to report net profit at Rs. 359.3 crore down 43.2% year-on-year

Net Interest Income (NII) is expected to increase by 4.6 percent Y-o-Y (up 12 percent Q-o-Q) to Rs. 2,167.4 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to fall by 2.2% Y-o-Y (up 20.9 percent Q-o-Q) to Rs. 1,872.8 crore.

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