HDFC Bank Q1 Net Profit seen up 26.1% YoY to Rs. 9,744 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Banks sector. The brokerage house expects HDFC Bank to report net profit at Rs. 9,744 crore up 26.1% year-on-year (down 3.1% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 13.1 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs. 19,229.9 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to rise by 4.7% Y-o-Y (down 3.1 percent Q-o-Q) to Rs. 15,854.6 crore.

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