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Last Updated : Apr 09, 2019 02:58 PM IST | Source: Moneycontrol.com

HDFC Bank Q4 Net Profit seen up 20.9% YoY to Rs. 5,803.3 cr: Motilal Oswal

HDFC Bank Q4 Net Profit seen up 20.9% YoY to Rs. 5,803.3 cr: Motilal Oswal

 
 
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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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First Published on Apr 9, 2019 02:58 pm
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