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State Bank of India Q4 Net Profit seen up 70.9% QoQ to Rs. 6,759.4 cr: Kotak

Net Interest Income (NII) is expected to increase by 18.4 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 23,654.4 crore, according to Kotak.

April 08, 2019 / 12:17 PM IST
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Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Banks/Diversified Financials sector.  The brokerage house expects State Bank of India to report net profit at Rs. 6,759.4 crore up 70.9% quarter-on-quarter.


Net Interest Income (NII) is expected to increase by 18.4 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 23,654.4 crore, according to Kotak.


Pre Provision Profit (PPP) is likely to rise by 13.1% Y-o-Y (up 42.3 percent Q-o-Q) to Rs. 17,968.9 crore.


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