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IndusInd Bank Q2 Net Profit seen up 91% YoY to Rs. 1,236.9 cr: Prabhudas Lilladher

Net Interest Income (NII) is expected to increase by 6 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 3,473.4 crore, according to Prabhudas Lilladher.

October 07, 2021 / 02:50 PM IST
 
 
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Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the Banking sector. The brokerage house expects IndusInd Bank to report net profit at Rs. 1,236.9 crore up 91% year-on-year (up 26.9% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 6 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 3,473.4 crore, according to Prabhudas Lilladher.


Pre Provision Profit (PPP) is likely to rise by 2.5% Y-o-Y (down 7.3 percent Q-o-Q) to Rs. 2,901 crore.


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