L&T Finance Holdings Q3 Net Profit seen up 51.7% YoY to Rs. 389.2 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Financial Services sector. The brokerage house expects L&T Finance Holdings to report net profit at Rs. 389.2 crore up 51.7% year-on-year (up 8% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 9 percent Y-o-Y (up 0.3 percent Q-o-Q) to Rs. 1,704.9 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to rise by 289.3% Y-o-Y (up 260.2 percent Q-o-Q) to Rs. 3,460.9 crore.

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