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    HomeNewsBusinessIndusInd Bank Q1 Net Profit seen up 7% YoY to Rs. 2,187 cr: KRChoksey

    IndusInd Bank Q1 Net Profit seen up 7% YoY to Rs. 2,187 cr: KRChoksey

    Net Interest Income (NII) is expected to increase by 5.2 percent Y-o-Y (up 19.1 percent Q-o-Q) to Rs. 4,912.2 crore, according to KRChoksey.

    Broker Research
    July 17, 2023 / 16:30 IST
    IndusInd Bank
       
       
      26 Aug, 2025 12:21
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      KRChoksey has come out with its first quarter (April - June’ 24) earnings estimates for the Banking sector. The brokerage house expects IndusInd Bank to report net profit at Rs. 2,187 crore up 7% year-on-year (up 34.1% quarter-on-quarter).

      Net Interest Income (NII) is expected to increase by 5.2 percent Y-o-Y (up 19.1 percent Q-o-Q) to Rs. 4,912.2 crore, according to KRChoksey.

      Pre Provision Operating Profit (PPOP) is likely to rise by 4.5% Y-o-Y (up 14.4 percent Q-o-Q) to Rs. 3,925.5 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.

      KRChoksey_Banking and Financial Services

      Broker Research
      first published: Jul 17, 2023 04:30 pm

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