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RBL q1 Net Profit Seen Up 32% YoY To Rs. 250.2 Cr: Kotak

Net Interest Income (NII) is expected to increase by 36 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 753.4 crore, according to Kotak.

Jul 11, 2019 / 02:07 PM IST
 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects RBL to report net profit at Rs. 250.2 crore up 32% year-on-year (up 1% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 36 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 753.4 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 28% Y-o-Y (down 1 percent Q-o-Q) to Rs. 555 crore.


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