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Last Updated : Oct 09, 2019 04:30 PM IST | Source: Moneycontrol.com

HDFC Q2 Net Profit seen up 47.1% YoY to Rs. 3,628.1 cr: ICICI Direct

Net Interest Income (NII) is expected to increase by 16.5 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 2,808.2 crore, according to ICICI Direct.

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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 to report net profit at Rs. 3,628.1 crore up 47.1% year-on-year (up 13.3% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 16.5 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 2,808.2 crore, according to ICICI Direct.


Pre Provision Profit (PPP) is likely to rise by 50.1% Y-o-Y (up 19.8 percent Q-o-Q) to Rs. 5,839 crore.


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First Published on Oct 9, 2019 04:30 pm
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