Kotak Mahindra Bank Q2 Net Profit seen up 19% YoY to Rs. 3,071.5 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July - September’ 24) earnings estimates for the Banking sector. The brokerage house expects Kotak Mahindra Bank to report net profitat Rs. 3,071.5 crore up 19% year-on-year (down 11% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 23.7 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 6,305.7 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 22.4% Y-o-Y (down 11.8 percent Q-o-Q) to Rs. 4,367 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.