Bank of Baroda.
Emkay Research has come out with its first quarter (April-June’ 21) earnings estimates for the BFSI sector. The brokerage house expects Bank Of Baroda to report net profit at Rs. 857.8 crore.
Net Interest Income (NII) is expected to increase by 11.1 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 7,568.8 crore, according to Emkay Research.
Pre Provision Profit (PPP) is likely to rise by 1.5% Y-o-Y (down 30 percent Q-o-Q) to Rs. 4,383.3 crore.
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