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HDFC Q2 PAT may dip up to 50% YoY, lower loan restructuring seen: Analysts

Absence of significant profit on investments, and low dividend income of Rs 320 crore YoY could optically make HDFC's pre-provisioning profit look modest, analysts say

Topics
HDFC | Q2 results | Markets

Nikita Vashisht  |  New Delhi 

Analysts at Edelweiss Securities expect the PAT to halve to Rs 1,973.4 crore during the quarter under review
Analysts at Edelweiss Securities expect the PAT to halve to Rs 1,973.4 crore during the quarter under review

Mortgage-lender (Housing Development Finance Corporation) may report an up to 50 per cent year-on-year (YoY) decline in net profit for September quarter of FY21 (Q2FY21) on the back of below-par loan growth, lower dividend income, and possible higher discretionary provisioning.

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First Published: Mon, November 02 2020. 08:02 IST
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