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Canara Bank Q3 Net Profit may dip 75.9% YoY to Rs. 184.2 cr: Emkay

Net Interest Income (NII) is expected to increase by 15.3 percent Y-o-Y (down 2.9 percent Q-o-Q) to Rs. 6,116.5 crore, according to Emkay.

January 20, 2021 / 06:44 PM IST
 
 
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Emkay has come out with its third quarter (October-December’ 20) earnings estimates for the BFSI sector. The brokerage house expects Canara Bank to report net profit at Rs. 184.2 crore down 75.9% year-on-year (down 58.6% quarter-on-quarter).


Excerpt: Net Interest Income (NII) is expected to increase by 15.3 percent Y-o-Y (down 2.9 percent Q-o-Q) to Rs. 6,116.5 crore, according to Emkay.


Pre Provision Profit (PPP) is likely to rise by 17.9% Y-o-Y (down 6.7 percent Q-o-Q) to Rs. 4,327.6 crore.


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