Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
ICICI Securities has come out with its fourth quarter (January - March’ 24) earnings estimates for the Banking sector. The brokerage house expects SBFC Finance to report net profitat Rs. 70 crore up 64% year-on-year (up 9% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 52 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 167.4 crore, according to ICICI Securities.
Pre Provision Operating Profit (PPOP) is likely to rise by 63% Y-o-Y (up 9 percent Q-o-Q) to Rs. 106.8 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.
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!