Moneycontrol PRO
UPCOMING EVENT:Moneycontrol Pro & Espresso (A Sharekhan Company) in association with Intrazon 2.0 bring to you India’s Largest Retail Intraday Traders Online Conference. Learn 12 Amazing Strategies from 12 Intraday Traders @ Rs. 600/-. Register Now!
you are here: HomeNewsBusiness

IndusInd Bank Q1 Net Profit seen up 72.4% YoY to Rs. 879.7cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 8.7 percent Y-o-Y (up 1.8 percent Q-o-Q) to Rs. 3,597.1 crore, according to Motilal Oswal.

July 08, 2021 / 08:08 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Motilal Oswal has come out with its first quarter (April-June’ 21) earnings estimates for the Banks and Insurance sector. The brokerage house expects IndusInd Bank to report net profit at Rs. 879.7 crore up 72.4% year-on-year (down 5% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 8.7 percent Y-o-Y (up 1.8 percent Q-o-Q) to Rs. 3,597.1 crore, according to Motilal Oswal.


Pre Provision Profit (PPP) is likely to rise by 3.7% Y-o-Y (down 2.9 percent Q-o-Q) to Rs. 3,037.2 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.

Broker Research

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark