SBFC Finance Q4 Net Profit seen up 64% YoY to Rs. 70 cr: ICICI Securities

Net Interest Income (NII) is expected to increase by 52 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 167.4 crore, according to ICICI Securities.

Broker Research

April 15, 2024 / 13:21 IST

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ICICI Securities has come out with its fourth quarter (January - March’ 24) earnings estimates for the Banking sector. The brokerage house expects SBFC Finance to report net profitat Rs. 70 crore up 64% year-on-year (up 9% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 52 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 167.4 crore, according to ICICI Securities.

Pre Provision Operating Profit (PPOP) is likely to rise by 63% Y-o-Y (up 9 percent Q-o-Q) to Rs. 106.8 crore.

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Broker Research

first published: Apr 15, 2024 11:59 am

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