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    HomeNewsBusinessIDFC First Bank Q2 Net Profit seen up 41.4% YoY to Rs. 785.7 cr: Motilal Oswal

    IDFC First Bank Q2 Net Profit seen up 41.4% YoY to Rs. 785.7 cr: Motilal Oswal

    Net Interest Income (NII) is expected to increase by 31 percent Y-o-Y (up 5 percent Q-o-Q) to Rs. 3,932.9 crore, according to Motilal Oswal.

    Broker Research
    October 12, 2023 / 19:45 IST
    The brokerage house expects IDFC First Bank to report net profitat Rs. 785.7 crore up 41.4% year-on-year (up 2.7% quarter-on-quarter).

    The brokerage house expects IDFC First Bank to report net profitat Rs. 785.7 crore up 41.4% year-on-year (up 2.7% quarter-on-quarter).

     
     
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    Motilal Oswal has come out with its second quarter (July - September’ 24) earnings estimates for the Banking sector. The brokerage house expects IDFC First Bank to report net profitat Rs. 785.7 crore up 41.4% year-on-year (up 2.7% quarter-on-quarter).

    Net Interest Income (NII) is expected to increase by 31 percent Y-o-Y (up 5 percent Q-o-Q) to Rs. 3,932.9 crore, according to Motilal Oswal.

    Pre Provision Operating Profit (PPOP) is likely to rise by 35.2% Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 1,580.3 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.

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    Broker Research
    first published: Oct 12, 2023 07:26 pm

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