Net Interest Income (NII) is expected to decrease by 9 percent Y-o-Y (down 1.8 percent Q-o-Q) to Rs. 331.7 crore, according to Kotak.
Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects Magma Fincorp to report net profit at Rs. 84.8 crore up 18.7% year-on-year (up 14.6% quarter-on-quarter).
Net Interest Income (NII) is expected to decrease by 9 percent Y-o-Y (down 1.8 percent Q-o-Q) to Rs. 331.7 crore, according to Kotak.
Pre Provision Profit (PPP) is likely to fall by 8.9% Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 167.4 crore.
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