Moneycontrol
Last Updated : Jan 14, 2019 12:55 PM IST | Source: Moneycontrol.com

LIC Housing Finance Q3 Net Profit seen up 8.3% YoY to Rs. 531.9 cr: Kotak

Net Interest Income (NII) is expected to increase by 8.3 percent Y-o-Y (down 4 percent Q-o-Q) to Rs. 971.7 crore, according to Kotak.

Moneycontrol News @moneycontrolcom
Representative image
Representative image
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Kotak has come out with its third quarter (October-December’ 18) earnings estimates for the Banks & Diversified Financials sector. The brokerage house expects LIC Housing Finance to report net profit at Rs. 531.9 crore up 8.3% year-on-year (down 7.2% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 8.3 percent Y-o-Y (down 4 percent Q-o-Q) to Rs. 971.7 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 16.6% Y-o-Y (down 2.6 percent Q-o-Q) to Rs. 938.7 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 Jan 14, 2019 12:55 pm
More From
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant