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    HomeNewsBusinessHDFC Bank Q1 Net Profit seen up 24.3% YoY to Rs. 11,427.2 cr: Nirmal Bang

    HDFC Bank Q1 Net Profit seen up 24.3% YoY to Rs. 11,427.2 cr: Nirmal Bang

    Net Interest Income (NII) is expected to increase by 21.6 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 23,689.8 crore, according to Nirmal Bang

    Broker Research
    July 14, 2023 / 14:05 IST
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    Nirmal Bang has come out with its first quarter (April - June’ 24) earnings estimates for the Banking sector. The brokerage house expects HDFC Bank to report net profit at Rs. 11,427.2 crore up 24.3% year-on-year (down 5.1% quarter-on-quarter).

    Net Interest Income (NII) is expected to increase by 21.6 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 23,689.8 crore, according to Nirmal Bang.

    Pre Provision Operating Profit (PPOP) is likely to rise by 17% Y-o-Y (down 3.4 percent Q-o-Q) to Rs. 17,986.2 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.

    Nirmal bang_Banking & NBFC

    Broker Research
    first published: Jul 14, 2023 02:05 pm

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