HomeNewsBusinessIndusInd Bank Q3 Net Profit seen up 24.4% YoY to Rs. 2,442.2 cr: Emkay
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IndusInd Bank Q3 Net Profit seen up 24.4% YoY to Rs. 2,442.2 cr: Emkay

Net Interest Income (NII) is expected to increase by 17.4 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 5,278.2 crore, according to Emkay.

Broker Research
January 15, 2024 / 20:04 IST
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IndusInd Bank
IndusInd Bank

Emkay has come out with its third quarter (October - December’ 24) earnings estimates for the Banking sector. The brokerage house expects IndusInd Bank to report net profitat Rs. 2,442.2 crore up 24.4% year-on-year (up 10.9% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 17.4 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 5,278.2 crore, according to Emkay.

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Pre Provision Operating Profit (PPOP) is likely to rise by 26.9% Y-o-Y (up 19.7 percent Q-o-Q) to Rs. 4,679.3 crore.

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