HDFC Bank Q4 Net Profit seen up 20.3% YoY to Rs. 12,097.4 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January - March’ 23) earnings estimates for the Banking and Financial sector. The brokerage house expects HDFC Bank to report net profit at Rs. 12,097.4 crore up 20.3% year-on-year (down 1.3% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 26.6 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 23,898.5 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 19.6% Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 19,556.5 crore.

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