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Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now!
Last Updated : Jan 14, 2019 12:47 PM IST | Source: Moneycontrol.com

HDFC Q3 Net Profit may dip 63.1% YoY to Rs. 2,091.7 cr: Kotak

Net Interest Income (NII) is expected to decrease by 8.7 percent Y-o-Y (down 1.1 percent Q-o-Q) to Rs. 2,600 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 to report net profit at Rs. 2,091.7 crore down 63.1% year-on-year (down 15.2% quarter-on-quarter).


Net Interest Income (NII) is expected to decrease by 8.7 percent Y-o-Y (down 1.1 percent Q-o-Q) to Rs. 2,600 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to fall by 54.6% Y-o-Y (down 15.6 percent Q-o-Q) to Rs. 2,946 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.

First Published on Jan 14, 2019 12:47 pm
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