Equitas Small Finance Q4 Net Profit seen up 49.2% YoY to Rs. 178.3 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January - March’ 23) earnings estimates for the Banking and Financial sector. The brokerage house expects Equitas Small Finance to report net profit at Rs. 178.3 crore up 49.2% year-on-year (up 4.8% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 22.3 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs. 675.5 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 7.9% Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 306.2 crore.

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