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Last Updated : Oct 09, 2019 04:19 PM IST | Source: Moneycontrol.com

Kotak Mahindra Bank Q2 Net Profit seen up 38.1% YoY to Rs. 1,576.1 cr: ICICI Direct

Net Interest Income (NII) is expected to increase by 18.7 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 3,191.3 crore, according to ICICI Direct.

 
 
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ICICI Direct 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. 1,576.1 crore up 38.1% year-on-year (up 15.9% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 18.7 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 3,191.3 crore, according to ICICI Direct.


Pre Provision Profit (PPP) is likely to rise by 15.3% Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 2,415.9 crore.


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First Published on Oct 9, 2019 04:18 pm
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