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HomeNewsBusinessEarningsLIC Housing Q1 PAT seen up 32% at Rs 300 cr: Kotak Sec

LIC Housing Q1 PAT seen up 32% at Rs 300 cr: Kotak Sec

Kotak Securities expects LIC Housing Finance to report a 5.1 percent degrowth quarter-on-quarter (rise of 31.8 percent year-on-year) in net profit at Rs 300.1 crore.

August 13, 2013 / 17:39 IST
     
     
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    Kotak Securities has come out with its first quarter (April-June) earnings estimates for the financials sector. The brokerage house expects LIC Housing Finance to report a 5.1 percent degrowth quarter-on-quarter (rise of 31.8 percent year-on-year) in net profit at Rs 300.1 crore.

    Net interest income is expected to decrease by 3.2 percent Q-o-Q (up 27.3 percent Y-o-Y) to Rs 446 crore, according to Kotak Securities.

    first published: Aug 13, 2013 05:39 pm

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