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Last Updated : Apr 08, 2019 11:44 AM IST | Source: Moneycontrol.com

J&K Bank Q4 Net Profit seen up 211.3% YoY to Rs. 88.4 cr: Kotak

Net Interest Income (NII) is expected to increase by 36.8 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 896.9 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 J&K Bank to report net profit at Rs. 88.4 crore up 211.3% year-on-year (down 14.8% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 36.8 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 896.9 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 66.8% Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 444.5 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 11:44 am
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