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IDFC First Bank Q4 Net Profit seen up 34% YoY to Rs. 95.8 cr: Prabhudas Lilladher

Net Interest Income (NII) is expected to increase by 15.3 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 1,802.2 crore, according to Prabhudas Lilladher.

April 07, 2021 / 12:24 PM IST
IDFC First Bank

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Prabhudas Lilladher has come out with its fourth quarter (January-March’ 21) earnings estimates for the BFSI sector. The brokerage house expects IDFC First Bank to report net profit at Rs. 95.8 crore up 34% year-on-year (down 26% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 15.3 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 1,802.2 crore, according to Prabhudas Lilladher.

Pre Provision Profit (PPP) is likely to fall by 28.8% Y-o-Y (down 44 percent Q-o-Q) to Rs. 370.3 crore.

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