Last Updated : Apr 09, 2019 03:21 PM IST | Source: Moneycontrol.com

Punjab National Bank Q4 Net Profit seen up 78.5% QoQ to Rs. 440 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 44.7 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 4,432.4 crore, according to Motilal Oswal.

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Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the PSU Banks sector. The brokerage house expects Punjab National Bank to report net profit at Rs. 440 crore up 78.5% quarter-on-quarter.

Net Interest Income (NII) is expected to increase by 44.7 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 4,432.4 crore, according to Motilal Oswal.

Pre Provision Profit (PPP) is likely to rise by 12.1 percent Q-o-Q to Rs. 3,473.8 crore.

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