Bajaj Finance Q4 Net Profit seen up 42.4% YoY to Rs. 1,026.3 cr: Kotak

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects Bajaj Finance to report net profit at Rs. 1,026.3 crore up 42.4% year-on-year (down 3.1% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 36.2 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 3,216.7 crore, according to Kotak.

Pre Provision Profit (PPP) is likely to rise by 51.5% Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 2,080.2 crore.

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