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

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.

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