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Last Updated : Apr 08, 2019 11:33 AM IST | Source: Moneycontrol.com

HDFC Bank Q4 Net Profit seen up 20.5% YoY to Rs. 5,784.6 cr: Kotak

Net Interest Income (NII) is expected to increase by 23 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 13,105.7 crore, according to Kotak.

 
 
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Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects HDFC Bank to report net profit at Rs. 5,784.6 crore up 20.5% year-on-year (up 3.6% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 23 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 13,105.7 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 21% Y-o-Y (down 0.8 percent Q-o-Q) to Rs. 10,689.7 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




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First Published on Apr 8, 2019 11:33 am
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