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    HomeNewsBusinessSBI Cards Q4 Net Profit may dip 5% YoY to Rs. 551.6 cr: Motilal Oswal

    SBI Cards Q4 Net Profit may dip 5% YoY to Rs. 551.6 cr: Motilal Oswal

    Net Interest Income (NII) is expected to increase by 17.6 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs. 1,174.1 crore, according to Motilal Oswal

    Broker Research
    April 13, 2023 / 16:53 IST
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      Motilal Oswal has come out with its fourth quarter (January - March’ 23) earnings estimates for the Banking and Financial sector. The brokerage house expects SBI Cards to report net profit at Rs. 551.6 crore down 5% year-on-year (up 8.3% quarter-on-quarter).

      Net Interest Income (NII) is expected to increase by 17.6 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs. 1,174.1 crore, according to Motilal Oswal.

      Pre Provision Operating Profit (PPOP) is likely to rise by 11.1% Y-o-Y (up 7 percent Q-o-Q) to Rs. 1,302.1 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.

      Motilal_Banking & Insurance

      Broker Research
      first published: Apr 13, 2023 04:53 pm

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