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Last Updated : Jul 11, 2019 04:41 PM IST | Source: Moneycontrol.com

HDFC Bank Q1 Net Profit seen up 20% YoY to Rs. 5,514 cr: Kotak

Net Interest Income (NII) is expected to increase by 20 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 12,957.9 crore, according to Kotak.

 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects HDFC Bank to report net profit at Rs. 5,514 crore up 20% year-on-year (down 6% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 20 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 12,957.9 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 24% Y-o-Y (down 1 percent Q-o-Q) to Rs. 10,690.4 crore.


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First Published on Jul 11, 2019 01:53 pm
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