Bank of Baroda Q3 Net Profit seen up 57.5% YoY to Rs. 1,671 cr: Motilal Oswal

Motilal Oswal has come out with its third quarter (October-December’ 21) earnings estimates for the Banks sector. The brokerage house expects Bank of Baroda to report net profit at Rs. 1,671 crore up 57.5% year-on-year (down 20% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 5.1 percent Y-o-Y (up 3.9 percent Q-o-Q) to Rs. 7,857.4 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 3.6% Y-o-Y (down 7.4 percent Q-o-Q) to Rs. 5,252.4 crore.

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