Muthoot Finance Q4 Net Profit seen up 0.6% YoY to Rs. 454.1 cr: Kotak

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects Muthoot Finance to report net profit at Rs. 454.1 crore up 0.6% year-on-year (down 6.4% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 5.4 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 1,130.7 crore, according to Kotak.

Pre Provision Profit (PPP) is likely to fall by 4.9% Y-o-Y (up 4 percent Q-o-Q) to Rs. 753 crore.

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