HDFC Bank Q4 Net Profit seen up 25.4% YoY to Rs 8,689 cr: Sharekhan

Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects HDFC Bank to report net profit at Rs 8,689 crore up 25.4% year-on-year (down 0.8% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 9.5 percent Y-o-Y (up 2.1 percent Q-o-Q) to Rs 16,655 crore, according to Sharekhan.

Pre Provision Profit (PPP) is likely to rise by 14.9% Y-o-Y (down 1.9 percent Q-o-Q) to Rs 14,895 crore.

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