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Last Updated : Apr 09, 2019 03:28 PM IST | Source: Moneycontrol.com

ICICI Prudential Life Q4 Net Profit may dip 21% YoY to Rs. 269.2 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 20 percent Y-o-Y (up 38.9 percent Q-o-Q) to Rs. 10,391.1 crore, according to Motilal Oswal.

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Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the Life Insurance sector. The brokerage house expects ICICI Prudential Life to report net profit at Rs. 269.2 crore down 21% year-on-year (down 9.3% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 20 percent Y-o-Y (up 38.9 percent Q-o-Q) to Rs. 10,391.1 crore, according to Motilal Oswal.


Pre Provision Profit (PPP) is likely to rise by 0.6% Y-o-Y (up 22.2 percent Q-o-Q) to Rs. 363.6 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 Apr 9, 2019 03:28 pm
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