HDFC Bank Q2 Net Profit seen up 16.9% YoY to Rs. 10,328.9 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Banking sector. The brokerage house expects HDFC Bank to report net profit at Rs. 10,328.9 crore up 16.9% year-on-year (up 12.3% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 16 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 20,517.5 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to rise by 8.3% Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 17,115.6 crore.

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