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Muthoot Finance Q3 Net Profit seen up 4.9% YoY to Rs. 486.5 cr: Kotak

Net Interest Income (NII) is expected to increase by 3.8 percent Y-o-Y (down 0.2 percent Q-o-Q) to Rs. 1,093.5 crore, according to Kotak.

January 14, 2019 / 01:02 PM IST
 
 
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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 Muthoot Finance to report net profit at Rs. 486.5 crore up 4.9% year-on-year (up 0.6% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 3.8 percent Y-o-Y (down 0.2 percent Q-o-Q) to Rs. 1,093.5 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to fall by 3% Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 753.5 crore.


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