Bank of Baroda Q1 Net Profit seen up 3.6% YoY to Rs. 1,251.8 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Banks sector. The brokerage house expects Bank of Baroda to report net profit at Rs. 1,251.8 crore up 3.6% year-on-year (down 29.6% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 10 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 8,683.2 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to fall by 6.7% Y-o-Y (down 5.5 percent Q-o-Q) to Rs. 5,325.1 crore.

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