Motilal Oswal has come out with its second quarter (July - September’ 24) earnings estimates for the Banking sector. The brokerage house expects Equitas Small Finance to report net profitat Rs. 192 crore up 64.9% year-on-year (up 0.4% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 25.9 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 767.7 crore, according to Motilal Oswal.
Pre Provision Operating Profit (PPOP) is likely to rise by 31.7% Y-o-Y (up 2.2 percent Q-o-Q) to Rs. 319.1 crore.
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