Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects Bank of Baroda to report net profit at Rs 1,268 crore up 150.2% year-on-year (up 19.5% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 15.1 percent Y-o-Y (up 1 percent Q-o-Q) to Rs 7,826 crore, according to Sharekhan.
Pre Provision Profit (PPP) is likely to rise by 8.1% Y-o-Y (down 1 percent Q-o-Q) to Rs 5,537 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
