Yes Bank Q2 results preview: PAT may jump up to 145% YoY, NII seen 23% higher
Yes Bank is expected to report a robust set of numbers in the September ended quarter aided by a growth in the lender's loan book. The net interest income could grow between 11% and 23% in the range of Rs Rs 2,129 crore and Rs 2,359 crore. Meanwhile, the net profit may rise by up to 115% to Rs 4,843 crore.
The estimates have been given by JM Financial, Nomura and Kotak Institutional Equities.
While Nomura remains most bullish on Yes Bank’s net profit numbers in the reporting quarter, JM Financial’s NII estimates are highest among its other contemporaries.
Yes Bank will announce its quarterly earnings on Saturday, October 26, 2024.
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