English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessHDFC Bank Q2 Net Profit seen up 39.4% YoY to Rs. 14,781.1 cr: Motilal Oswal

    HDFC Bank Q2 Net Profit seen up 39.4% YoY to Rs. 14,781.1 cr: Motilal Oswal

    Net Interest Income (NII) is expected to increase by 33.6 percent Y-o-Y (up 19 percent Q-o-Q) to Rs. 28,089.4 crore, according to Motilal Oswal.

    Broker Research
    October 13, 2023 / 09:05 IST
    HDFC Bank is expected to remain sideways within our range. An Iron Condor trade to capitalise on high volatility.

    HDFC Bank is expected to remain sideways within our range. An Iron Condor trade to capitalise on high volatility.

     
     
    live
    • bselive
    • nselive
    Volume
    Todays L/H
    More

    Motilal Oswal has come out with its second quarter (July - September’ 24) earnings estimates for the Banking sector. The brokerage house expects HDFC Bank to report net profitat Rs. 14,781.1 crore up 39.4% year-on-year (up 23.7% quarter-on-quarter).

    Net Interest Income (NII) is expected to increase by 33.6 percent Y-o-Y (up 19 percent Q-o-Q) to Rs. 28,089.4 crore, according to Motilal Oswal.

    Pre Provision Operating Profit (PPOP) is likely to rise by 31% Y-o-Y (up 21.4 percent Q-o-Q) to Rs. 22,788 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.

    Motilal_FINANCIALS_BANKS

    Broker Research
    first published: Oct 12, 2023 07:10 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347