HDFC Bank Q1 Net Profit seen up 2.9% YoY to Rs. 15,494.8 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April - June’ 25) earnings estimates for the Banking sector. The brokerage house expects HDFC Bank to report net profitat Rs. 15,494.8 crore up 2.9% year-on-year (down 6.2% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 2.4 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 29,478.1 crore, according to Prabhudas Lilladher.

Pre Provision Operating Profit (PPOP) is likely to rise by 1.7% Y-o-Y (down 19.8 percent Q-o-Q) to Rs. 23,488 crore.

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