Upcoming Webinar:'COLLECTIVE FORCE: India Inc. unites to tackle the second wave of COVID-19' on June 23, 11 am. Register Now!

State Bank of India Q1 Net Profit may dip 202% QoQ to Rs. 2,535.7 cr: Kotak

Net Interest Income (NII) is expected to increase by 3 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 22,520.7 crore, according to Kotak.

July 11, 2019 / 04:50 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects State Bank of India to report net profit at Rs. 2,535.7 crore, up 202% quarter-on-quarter.


Net Interest Income (NII) is expected to increase by 3 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 22,520.7 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 27% Y-o-Y (down 10 percent Q-o-Q) to Rs. 15,173.8 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.

Moneycontrol News

stay updated

Get Daily News on your Browser
Sections