Yes Bank Q3 Net Profit seen up 14% YoY to Rs. 1,228.1 cr: Sharekhan

Sharekhan has come out with its third quarter (October-December’ 18) earnings estimates for the Banking & NBFC sector. The brokerage house expects Yes Bank to report net profit at Rs. 1,228.1 crore up 14% year-on-year (up 27.3% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 41.7 percent Y-o-Y (up 10.7 percent Q-o-Q) to Rs. 2,676.7 crore, according to Sharekhan.

Pre Provision Profit (PPP) is likely to rise by 32.9% Y-o-Y (up 12.4 percent Q-o-Q) to Rs. 2,660.1 crore.

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