Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the Private Banks sector. The brokerage house expects Yes Bank to report net profit at Rs. 970.9 crore down 17.7% year-on-year (down 3.1% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 28.2 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 2,761.4 crore, according to Motilal Oswal.
Pre Provision Profit (PPP) is likely to rise by 17.1% Y-o-Y (up 25.6 percent Q-o-Q) to Rs. 2,500.6 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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Read More
