Yes Bank Q3 Net Profit seen up 705.6% YoY to Rs. 415.1 cr: Emkay

Emkay has come out with its third quarter (October - December’ 24) earnings estimates for the Banking sector. The brokerage house expects Yes Bank to report net profitat Rs. 415.1 crore up 705.6% year-on-year (up 62.6% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 4.5 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 2,059 crore, according to Emkay.

Pre Provision Operating Profit (PPOP) is likely to fall by 6.6% Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 853.4 crore.

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