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Last Updated : Jul 12, 2019 01:41 PM IST | Source: Moneycontrol.com

City Union Bank Q1 Net Profit seen up 11% YoY to Rs. 179.4 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 12.9 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 423.1 crore, according to Sharekhan.

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Sharekhan has come out with its first quarter (April-June’ 19) earnings estimates for the Banking & NBFC sector. The brokerage house expects City Union Bank to report net profit at Rs. 179.4 crore up 11% year-on-year (up 2.4% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 12.9 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 423.1 crore, according to Sharekhan.


Pre Provision Profit (PPP) is likely to rise by 14.8% Y-o-Y (up 1.8 percent Q-o-Q) to Rs. 343.9 crore.


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First Published on Jul 12, 2019 01:41 pm
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