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HDFC Q4 Net Profit may dip 3.8% YoY to Rs. 2,739.3 cr: Kotak

Net Interest Income (NII) is expected to decrease by 6 percent Y-o-Y (up 0.3 percent Q-o-Q) to Rs. 2,880.9 crore, according to Kotak.
Apr 8, 2019 / 11:32 AM IST
 
 
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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 Federal Bank to report net profit at Rs. 2,739.3 crore down 3.8% year-on-year (up 29.6% quarter-on-quarter).


Net Interest Income (NII) is expected to decrease by 6 percent Y-o-Y (up 0.3 percent Q-o-Q) to Rs. 2,880.9 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 4.2% Y-o-Y (down 29.1 percent Q-o-Q) to Rs. 3,853.5 crore.


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