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HDFC Bank Q2 Net Profit seen up 29.8% YoY to Rs. 6,496.2 cr: ICICI Direct

Net Interest Income (NII) is expected to increase by 14.5 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 13,463.8 crore, according to ICICI Direct.

October 09, 2019 / 04:07 PM IST
 
 
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ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the BFSI sector. The brokerage house expects HDFC Bank to report net profit at Rs. 6,496.2 crore up 29.8% year-on-year (up 16.7% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 14.5 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 13,463.8 crore, according to ICICI Direct.


Pre Provision Profit (PPP) is likely to rise by 18.2% Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 11,202.7 crore.


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