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Kotak Mahindra Bank Q1 Net Profit seen up 10% YoY to Rs. 1,368.9 cr: Emkay Research

Net Interest Income (NII) is expected to increase by 4.7 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 3,900.5 crore, according to Emkay Research.

July 14, 2021 / 07:38 PM IST
Kotak Mahindra Bank

Kotak Mahindra Bank

 
 
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Emkay Research has come out with its first quarter (April-June’ 21) earnings estimates for the BFSI sector. The brokerage house expects Kotak Mahindra Bank to report net profit at Rs. 1,368.9 crore up 10% year-on-year (down -18.6% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 4.7 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 3,900.5 crore, according to Emkay Research.


Pre Provision Profit (PPP) is likely to rise by 4.1% Y-o-Y (down -19.8 percent Q-o-Q) to Rs. 2,731.4 crore.


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