L&T Finance Holdings Q2 Net Profit may dip 7.1% YoY to Rs. 230.1 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the NBFC sector. The brokerage house expects L&T Finance Holdings to report net profit at Rs. 230.1 crore down 7.1% year-on-year (up 30% quarter-on-quarter).

Net Interest Income (NII) is expected to decrease by 1 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 1,379.2 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to fall by 13.3% Y-o-Y (down 12 percent Q-o-Q) to Rs. 1,006.9 crore.

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