Punjab National Bank Q4 Net Profit seen up 78.5% QoQ to Rs. 440 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the PSU Banks sector. The brokerage house expects Punjab National Bank to report net profit at Rs. 440 crore up 78.5% quarter-on-quarter.

Net Interest Income (NII) is expected to increase by 44.7 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 4,432.4 crore, according to Motilal Oswal.

Pre Provision Profit (PPP) is likely to rise by 12.1 percent Q-o-Q to Rs. 3,473.8 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.