Moneycontrol PRO
Upcoming Webinar:Moneycontrol Pro in association with Quants League Sep'21 Edition brings to you to 5-Days Live Algorithmic Options Trading Virtual Conference. Register Now!
you are here: HomeNewsBusiness

Federal Bank Q4 Net Profit seen up 31.4% YoY to Rs 396 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 21.6 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs 1,478 crore, according to Sharekhan.

April 15, 2021 / 05:01 PM IST
Federal Bank

Federal Bank

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects Federal Bank to report net profit at Rs 396 crore up 31.4% year-on-year (down 0.2% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 21.6 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs 1,478 crore, according to Sharekhan.


Pre Provision Profit (PPP) is likely to fall by 3.3% Y-o-Y (down 3.6 percent Q-o-Q) to Rs 928 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.

Broker Research

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark