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Last Updated : Jan 14, 2019 12:49 PM IST | Source: Moneycontrol.com

HDFC Bank Q3 Net Profit seen up 18.6% YoY to Rs. 5,505.7 cr: Kotak

Net Interest Income (NII) is expected to increase by 19.4 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs. 12,314.5 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 HDFC Bank to report net profit at Rs. 5,505.7 crore up 18.6% year-on-year (up 10% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 19.4 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs. 12,314.5 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 19.9% Y-o-Y (up 6.9 percent Q-o-Q) to Rs. 10,135.6 crore.


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First Published on Jan 14, 2019 12:49 pm
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