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Last Updated : Jul 11, 2019 04:49 PM IST | Source: Moneycontrol.com

Karur Vysya Bank Q1 Net Profit seen up 21% YoY to Rs. 55.4 cr: Kotak

Net Interest Income (NII) is expected to increase by 6 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 615.7 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 Karur Vysya Bank to report net profit at Rs. 55.4 crore up 21% year-on-year (down 8% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 6 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 615.7 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 2% Y-o-Y (up 1 percent Q-o-Q) to Rs. 469.1 crore.


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First Published on Jul 11, 2019 01:26 pm
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