Emkay has come out with its third quarter (October-December’ 20) earnings estimates for the BFSI sector. The brokerage house expects DCB Bank to report net profit at Rs. 55 crore down 43.1% year-on-year (down 33.2% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 2.8 percent Y-o-Y (down 0.5 percent Q-o-Q) to Rs. 332.2 crore, according to Emkay.
Pre Provision Profit (PPP) is likely to rise by 9.2% Y-o-Y (down 7.8 percent Q-o-Q) to Rs. 207.3 crore.
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