Federal Bank Q3 Net Profit seen up 17.7% YoY to Rs. 945.5 cr: Motilal Oswal

Motilal Oswal has come out with its third quarter (October - December’ 24) earnings estimates for the Banking and Insurance sector. The brokerage house expects Federal Bank to report net profitat Rs. 945.5 crore up 17.7% year-on-year (down 0.9% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 10.2 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 2,155.1 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 9.3% Y-o-Y (up 5.2 percent Q-o-Q) to Rs. 1,393.2 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.