Motilal Oswal has come out with its third quarter (October-December’ 21) earnings estimates for the Banks sector. The brokerage house expects HDFC Standard life to report net profit at Rs. 305 crore up 15.1% year-on-year (up 11.3% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 21.6 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 11,534.9 crore, according to Motilal Oswal.
Pre Provision Operating Profit (PPOP) is likely to rise by 15.2% Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 307.5 crore.
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