HDFC Bank Q4 Net Profit seen up 20.9% YoY to Rs. 5,803.3 cr: Motilal Oswal
Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the Private Banks sector. The brokerage house expects HDFC Bank to report net profit at Rs. 5,803.3 crore up 20.9% year-on-year (up 3.9% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 24.3 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 13,244.2 crore, according to Motilal Oswal.
Pre Provision Profit (PPP) is likely to rise by 25% Y-o-Y (up 2.5 percent Q-o-Q) to Rs. 11,043.9 crore.
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