DCB Bank Q3 Net Profit may dip 17.2% YoY to Rs. 80 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Banking & Financial Services sector. The brokerage house expects DCB Bank to report net profit at Rs. 80 crore down 17.2% year-on-year (down 2.8% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 8.2 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs. 349.7 crore, according to ICICI Direct.

Pre Provision Profit (PPP) is likely to rise by 20.4% Y-o-Y (up 1.8 percent Q-o-Q) to Rs. 228.8 crore.

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