Moneycontrol
Last Updated : Jan 14, 2019 01:08 PM IST | Source: Moneycontrol.com

RBL Bank Q3 Net Profit seen up 34.7% YoY to Rs. 222.6 cr: Kotak

Net Interest Income (NII) is expected to increase by 31.1 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 612.8 crore, according to Kotak.

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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 RBL Bank to report net profit at Rs. 222.6 crore up 34.7% year-on-year (up 8.8% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 31.1 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 612.8 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 33.9% Y-o-Y (down 0.6 percent Q-o-Q) to Rs. 446.4 crore.


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First Published on Jan 14, 2019 01:08 pm
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