Moneycontrol
Last Updated : Jan 14, 2019 12:34 PM IST | Source: Moneycontrol.com

Canara Bank Q3 Net Profit seen up 162.4% YoY to Rs. 330 cr: Kotak

Net Interest Income (NII) is expected to decrease by 6.7 percent Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 3,432.9 crore, according to Kotak.

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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 Canara Bank to report net profit at Rs. 330 crore up 162.4% year-on-year (up 10.2% quarter-on-quarter).


Net Interest Income (NII) is expected to decrease by 6.7 percent Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 3,432.9 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to fall by 22.2% Y-o-Y (down 5.4 percent Q-o-Q) to Rs. 2,202.8 crore.


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First Published on Jan 14, 2019 12:34 pm
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