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    HomeNewsBusinessRBL Bank Q4 Net Profit seen up 42.9% YoY to Rs 163 cr: Sharekhan

    RBL Bank Q4 Net Profit seen up 42.9% YoY to Rs 163 cr: Sharekhan

    Net Interest Income (NII) is expected to decrease by 4.6 percent Y-o-Y (up 5.5 percent Q-o-Q) to Rs 974 crore, according to Sharekhan.

    Broker Research
    April 15, 2021 / 17:18 IST
    RBL Bank  | The company’s profit margin in September 2020 quarter stood at 6.94 percent as against 2.55 percent in September 2019. In FY21 so far, the stock price has risen 49 percent to Rs 202.4 on November 12, 2020, from Rs 135.65 on March 31, 2020.
       
       
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      Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects RBL Bank to report net profit at Rs 163 crore up 42.9% year-on-year (up 133.7% quarter-on-quarter).

      Net Interest Income (NII) is expected to decrease by 4.6 percent Y-o-Y (up 5.5 percent Q-o-Q) to Rs 974 crore, according to Sharekhan.

      Pre Provision Profit (PPP) is likely to rise by 12.4% Y-o-Y (up 15.4 percent Q-o-Q) to Rs 845 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.

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      Broker Research
      first published: Apr 15, 2021 05:18 pm

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