Net Interest Income (NII) is expected to increase by 20.9 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs. 1,127.8 crore, according to Motilal Oswal.
Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the Private Banks sector. The brokerage house expects Federal Bank to report net profit at Rs. 352.6 crore up 143.2% year-on-year (up 5.7% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 20.9 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs. 1,127.8 crore, according to Motilal Oswal.
Pre Provision Profit (PPP) is likely to rise by 26.7% Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 745.9 crore.
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