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Bajaj Finance Q3 Net Profit seen up 26.6% YoY to Rs. 970.6 cr: Kotak

Net Interest Income (NII) is expected to increase by 24.6 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs. 2,953.3 crore, according to Kotak.

January 14, 2019 / 12:30 PM IST
JSW Holdings | Cash flow from operation in FY18: Rs 66 crore, FY19: Rs 89 crore and in FY20: Rs 103 crore. In the past 3-year, the stock price has risen 40 percent to Rs 2450 on August 25, 2020.

JSW Holdings | Cash flow from operation in FY18: Rs 66 crore, FY19: Rs 89 crore and in FY20: Rs 103 crore. In the past 3-year, the stock price has risen 40 percent to Rs 2450 on August 25, 2020.

 
 
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Kotak has come out with its third quarter (October-December’ 18) earnings estimates for the Banks & Diversified Financials sector. The brokerage house expects Bajaj Finance to report net profit at Rs. 970.6 crore up 26.6% year-on-year (up 5.1% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 24.6 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs. 2,953.3 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 29.5% Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 1,843.3 crore.


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