Federal Bank Q2 Net Profit seen up 19.1% YoY to Rs. 837.9 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July - September’ 24) earnings estimates for the Banking sector. The brokerage house expects Federal Bnak to report net profitat Rs. 837.9 crore up 19.1% year-on-year (down 1.9% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 15.1 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 2,028.7 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 8.2% Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 1,312.1 crore.

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