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Home»Uncategorized»South Indian Bank Q2 Net Profit to Rs. 37.2 cr: Prabhudas Lilladher
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South Indian Bank Q2 Net Profit to Rs. 37.2 cr: Prabhudas Lilladher

whatnewsBy whatnewsOctober 7, 2021Updated:October 7, 2021No Comments1 Min Read
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Prabhudas Lilladher has released his earnings estimates for the second quarter (July 21) for the banking sector. The brokerage house expects the South Indian Bank to record a net income of Rs. 37.2 billion (261.1% more compared to the previous quarter).
Net Interest Income (NII) is expected to increase 21 percent YoY (minus 3.4 percent QoQ) to Rs. 523.7 crore, according to Prabhudas Lilladher.
Pre-provision profit (PPP) is likely to increase 16.2% YoY (minus 6.1% QoQ) to Rs. $ 480.9 million.
Disclaimer: The opinions and investment advice published by investment professionals on moneycontrol.com are theirs and not those of the website or its management. Moneycontrol.com encourages users to consult certified experts before making investment decisions.
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