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Last Updated : Oct 11, 2019 05:13 PM IST | Source: Moneycontrol.com

Kotak Mahindra Bank Q2 Net Profit seen up 32.3% YoY to Rs. 1,511 cr: KR Choksey

Net Interest Income (NII) is expected to increase by 23.7 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 3,326 crore, according to KR Choksey.

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KR Choksey has come out with its second quarter (July-September’ 19) earnings estimates for the BFSI sector. The brokerage house expects Kotak Mahindra Bank to report net profit at Rs. 1,511 crore up 32.3% year-on-year (up 11.1% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 23.7 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 3,326 crore, according to KR Choksey.


Pre Provision Profit (PPP) is likely to rise by 18.8% Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 2,488 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 Oct 11, 2019 05:13 pm
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