DCB Bank Q1 Net Profit may dip 14.8% YoY to Rs. 67.6 cr: Emkay Research

Emkay Research has come out with its first quarter (April-June’ 21) earnings estimates for the BFSI sector. The brokerage house expects DCB Bank to report net profit at Rs. 67.6 crore down 14.8% year-on-year (down 13.4% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 2 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 312.7 crore, according to Emkay Research.

Pre Provision Profit (PPP) is likely to rise by 0.1% Y-o-Y (down 6.8 percent Q-o-Q) to Rs. 191.3 crore.

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