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

ICICI Bank Q1 Net Profit seen to Rs. 1,393.1 cr up 44% QoQ: Kotak

Net Interest Income (NII) is expected to increase by 19 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 7,251.9 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. 1,393.1 crore, up 44% quarter-on-quarter.


Net Interest Income (NII) is expected to increase by 19 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 7,251.9 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 7% Y-o-Y (down 1 percent Q-o-Q) to Rs. 6,194.3 crore.


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First Published on Jul 11, 2019 02:01 pm
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