DCB Bank Q1 Net Profit seen up 155% YoY to Rs. 86 cr: Arihant Capital

Arihant Capital has come out with its first quarter (April-June’ 22) earnings estimates for the Banking & NBFC sector. The brokerage house expects DCB Bank to report net profit at Rs. 86 crore up 155% year-on-year (down 24% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 21 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 374 crore, according to Arihant Capital.

Pre Provision Operating Profit (PPOP) is likely to rise by 4% Y-o-Y (down 5 percent Q-o-Q) to Rs. 209 crore.

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