Moneycontrol
Get App
Last Updated : Jul 12, 2019 05:40 PM IST | Source: Moneycontrol.com

RBL Bank Q1 Net Profit seen up 33% YoY to Rs. 253 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 37.3 percent Y-o-Y (up 2.8 percent Q-o-Q to Rs. 759 crore, according to Sharekhan.

Moneycontrol News @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Sharekhan has come out with its first quarter (April-June’ 19) earnings estimates for the Banking & NBFC sector. The brokerage house expects RBL Bank to report net profit at Rs. 253 crore up 33% year-on-year (up 2.3% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 37.3 percent Y-o-Y (up 2.8 percent Q-o-Q to Rs. 759 crore, according to Sharekhan.


Pre Provision Profit (PPP) is likely to rise by 27.4% Y-o-Y (down 1.7 percent Q-o-Q) to Rs. 551 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.

Read More

First Published on Jul 12, 2019 01:15 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant