IndusInd Bank Q3 Net Profit seen up 18.6% YoY to Rs. 2,329.2 cr: Motilal Oswal

Motilal Oswal has come out with its third quarter (October - December’ 24) earnings estimates for the Banking and Insurance sector. The brokerage house expects IndusInd Bank to report net profitat Rs. 2,329.2 crore up 18.6% year-on-year (up 5.8% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 17.8 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs. 5,293.5 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 10.5% Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 4,072 crore.

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