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

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.

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