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SBI Cards & Payment Q2 Net Profit seen up 92.3% YoY to Rs. 396.5 cr: Motilal Oswal

Net Interest Income (NII) is expected to decrease by 4.5 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 965.4 crore, according to Motilal Oswal.

October 13, 2021 / 02:54 PM IST
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Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the Financials sector. The brokerage house expects SBI Cards & Payment to report net profit at Rs. 396.5 crore up 92.3% year-on-year (up 30.2% quarter-on-quarter).


Net Interest Income (NII) is expected to decrease by 4.5 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 965.4 crore, according to Motilal Oswal.


Pre Provision Operating Profit (PPOP) is likely to fall by 2.3% Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 1,113.4 crore.


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