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    HomeNewsBusinessEarningsMahindra and Mahindra Financial Q3 Net Profit seen up 7.5% YoY to Rs. 367.6 cr: Kotak

    Mahindra and Mahindra Financial Q3 Net Profit seen up 7.5% YoY to Rs. 367.6 cr: Kotak

    Net Interest Income (NII) is expected to increase by 6.7 percent Y-o-Y (down 2.1 percent Q-o-Q) to Rs. 1,142.7 crore, according to Kotak.

    Moneycontrol News
    January 14, 2019 / 12:58 IST
    JSW Holdings | Cash flow from operation in FY18: Rs 66 crore, FY19: Rs 89 crore and in FY20: Rs 103 crore. In the past 3-year, the stock price has risen 40 percent to Rs 2450 on August 25, 2020.

    JSW Holdings | Cash flow from operation in FY18: Rs 66 crore, FY19: Rs 89 crore and in FY20: Rs 103 crore. In the past 3-year, the stock price has risen 40 percent to Rs 2450 on August 25, 2020.

     
     
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    Kotak has come out with its third quarter (October-December’ 18) earnings estimates for the Banks & Diversified Financials sector. The brokerage house expects Mahindra and Mahindra Financial to report net profit at Rs. 367.6 crore up 7.5% year-on-year (down 3.6% quarter-on-quarter).

    Net Interest Income (NII) is expected to increase by 6.7 percent Y-o-Y (down 2.1 percent Q-o-Q) to Rs. 1,142.7 crore, according to Kotak.

    Pre Provision Profit (PPP) is likely to rise by 3.1% Y-o-Y (down 5.6 percent Q-o-Q) to Rs. 742.7 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.

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    Moneycontrol News
    first published: Jan 14, 2019 12:58 pm

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