Muthoot Finance Q3 Net Profit may dip 13.8% YoY to Rs. 886.8 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 Muthoot Finance to report net profit at Rs. 886.8 crore down 13.8% year-on-year (up 2.3% quarter-on-quarter).

Net Interest Income (NII) is expected to decrease by 14.5 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs. 1,612.4 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to fall by 19.5% Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 1,180.4 crore.

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