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HomeNewsBusinessBajaj Finance Q3 Net Profit seen up 38.7% YoY to Rs. 2,948 cr: Sharekhan

Bajaj Finance Q3 Net Profit seen up 38.7% YoY to Rs. 2,948 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 23.4 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 5,833 crore, according to Sharekhan.

January 20, 2023 / 16:33 IST
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    Sharekhan has come out with its third quarter (October-December’ 23) earnings estimates for the NBFC sector. The brokerage house expects Bajaj Finance to report net profit at Rs. 2,948 crore up 38.7% year-on-year (up 6% quarter-on-quarter).

    Net Interest Income (NII) is expected to increase by 23.4 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 5,833 crore, according to Sharekhan.

    Pre Provision Operating Profit (PPOP) is likely to rise by 19.3% Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 4,676 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.

    Sharekhan_NBFC_AMC_Insurance

    Broker Research
    first published: Jan 20, 2023 04:33 pm

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