HDFC Bank Net Profit this quarter is expected to be this much, Check here!!

Motilal Oswal has shared its expectations for the third quarter (October – December) earnings in the Banking and Insurance sector.

HDFC Bank’s Expected Net Profit:

The brokerage house anticipates HDFC Bank to report a net profit of Rs. 16,241.6 crore. This represents a 32.5% increase compared to the previous year and a 1.7% increase from the previous quarter.

Net Interest Income (NII) Projection:

Motilal Oswal predicts that the Net Interest Income (NII) is likely to rise by 26.8% Year-on-Year (Y-o-Y) and 6.4% Quarter-on-Quarter (Q-o-Q) to reach Rs. 29,142.3 crore.

Pre Provision Operating Profit (PPOP) Estimate:

The Pre Provision Operating Profit (PPOP) is expected to see a 26.2% Y-o-Y increase and a 5.8% Q-o-Q increase, reaching Rs. 24,016.9 crore.

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