Net Interest Income (NII) is expected to increase by 17.8 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs. 2,820.2 crore, according to Sharekhan.
Sharekhan has come out with its third quarter (October-December’ 18) earnings estimates for the Banking & NBFC sector. The brokerage house expects Kotak Mahindra Bank to report net profit at Rs. 1,252.9 crore up 19% year-on-year (up 9.7% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 17.8 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs. 2,820.2 crore, according to Sharekhan.
Pre Provision Profit (PPP) is likely to rise by 22.5% Y-o-Y (up 6.4 percent Q-o-Q) to Rs. 2,228.8 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.