Bank of Baroda Q1 Net Profit to Rs. 439.7 cr: Motilal Oswal

Motilal Oswal has come out with its first quarter (April-June’ 21) earnings estimates for the Banks and Insurance sector. The brokerage house expects Bank of Baroda to report net profit at Rs. 439.7 crore

Net Interest Income (NII) is expected to increase by 5.2 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 7,169.7 crore, according to Motilal Oswal.

Pre Provision Profit (PPP) is likely to rise by 3.1% Y-o-Y (down 28.9 percent Q-o-Q) to Rs. 4,453.9 crore.

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