Bank of Baroda Q2 Net Profit may dip 34.7% YoY to Rs. 1,096.7 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the Banking sector. The brokerage house expects Bank of Baroda to report net profit at Rs. 1,096.7 crore down 34.7% year-on-year (down 9.3% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 2.7 percent Y-o-Y (down 2.3 percent Q-o-Q) to Rs. 7,710.3 crore, according to Prabhudas Lilladher.

Pre Provision Profit (PPP) is likely to fall by 0.3% Y-o-Y (down 3 percent Q-o-Q) to Rs. 5,536.4 crore.

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