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Last Updated : Oct 11, 2019 05:04 PM IST | Source: Moneycontrol.com

SBI Q2 Net Profit seen up 41.7% YoY to Rs. 1,338 cr: KR Choksey

Net Interest Income (NII) is expected to increase by 10.6 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 23,124 crore, according to KR Choksey.

 
 
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KR Choksey has come out with its second quarter (July-September’ 19) earnings estimates for the BFSI sector. The brokerage house expects SBI to report net profit at Rs. 1,338 crore up 41.7% year-on-year (down 42.1% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 10.6 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 23,124 crore, according to KR Choksey.


Pre Provision Profit (PPP) is likely to rise by 8.6% Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 13,407 crore.


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First Published on Oct 11, 2019 05:04 pm
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