RBL Bank Q4 Net Profit seen up 11.5% YoY to Rs. 220.5 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January - March’ 23) earnings estimates for the Banking and Financial sector. The brokerage house expects RBL Bank to report net profit at Rs. 220.5 crore up 11.5% year-on-year (up 5.5% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 7.2 percent Y-o-Y (up 5,6 percent Q-o-Q) to Rs. 1,212.8 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to fall by 7.7% Y-o-Y (up 7 percent Q-o-Q) to Rs. 607 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.