Bandhan Bank Q4 Net Profit may dip 56.4% YoY to Rs. 829 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January - March’ 23) earnings estimates for the Banking and Financial sector. The brokerage house expects Bandhan Bank to report net profit at Rs. 829 crore down 56.4% year-on-year (up 185.3% quarter-on-quarter).

Net Interest Income (NII) is expected to decrease by 9.5 percent Y-o-Y (up 10.5 percent Q-o-Q) to Rs. 2,298.4 crore, according to Motilal Oswal

Pre Provision Operating Profit (PPOP) is likely to fall by 30.6% Y-o-Y (down 8.9 percent Q-o-Q) to Rs. 1,750.6 crore.

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