PNB Housing Q2 Net Profit may dip 17.2% YoY to Rs. 259.5 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 PNB Housing to report net profit at Rs. 259.5 crore down 17.2% year-on-year (up 6.7% quarter-on-quarter).

Net Interest Income (NII) is expected to decrease by 17.2 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 513.6 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to fall by 10.9% Y-o-Y (up 8 percent Q-o-Q) to Rs. 512.7 crore.

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