IndusInd Bank Q4 Net Profit seen up 50.7% YoY to Rs. 2,110.8 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January - March’ 23) earnings estimates for the Banking and Financial sector. The brokerage house expects IndusInd Bank to report net profit at Rs. 2,110.8 crore up 50.7% year-on-year (up 7.5% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 19.2 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 4,750 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 13.9% Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 3,848.6 crore.

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