RBL Bank Q2 Net Profit may dip 48.9% YoY to Rs. 73.6 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the Banking sector. The brokerage house expects RBL Bank to report net profit at Rs. 73.6 crore down 48.9% year-on-year.

Net Interest Income (NII) is expected to increase by 6 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs. 987.6 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 10.3% Y-o-Y (down 1.7 percent Q-o-Q) to Rs. 783.8 crore.

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