DCB Bank Q2 Net Profit may dip 28.1% YoY to Rs. 59.2 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the Banking sector. The brokerage house expects DCB Bank to report net profit at Rs. 59.2 crore down 28.1% year-on-year (up 75.3% quarter-on-quarter).

Net Interest Income (NII) is expected to decrease by 2.3 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 326.1 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to fall by 8.9% Y-o-Y (up 1.8 percent Q-o-Q) to Rs. 204.8 crore.

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