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IndusInd Bank Q4 Net Profit seen up 210.6% YoY to Rs 938 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 10.2 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs 3,560 crore, according to Sharekhan.

April 15, 2021 / 05:18 PM IST
 
 
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Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects IndusInd Bank to report net profit at Rs 938 crore up 210.6% year-on-year (up 12.9% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 10.2 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs 3,560 crore, according to Sharekhan.


Pre Provision Profit (PPP) is likely to rise by 7.5% Y-o-Y (down 2.9 percent Q-o-Q) to Rs 3,050 crore.


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