Bandhan Bank Q3 Net Profit may dip 5% YoY to Rs. 694.5 cr: Emkay

Emkay has come out with its third quarter (October-December’ 20) earnings estimates for the BFSI sector. The brokerage house expects Bandhan Bank to report net profit at Rs. 996.9 crore down 5% year-on-year (down 24.5% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 29 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 1,986.9 crore, according to Emkay.

Pre Provision Profit (PPP) is likely to rise by 31.6% Y-o-Y (up 2.2 percent Q-o-Q) to Rs. 1,663.1 crore.

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