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Kotak Mahindra Bank Q3 Net Profit seen up 20.4% YoY to Rs. 1,920.7 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 15.8 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 3,971.6 crore, according to Motilal Oswal.

January 19, 2021 / 07:47 PM IST
 
 
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Motilal Oswal has come out with its third quarter (October-December’ 20) earnings estimates for the Banks and Insurance sector. The brokerage house expects Kotak Mahindra Bank to report net profit at Rs. 1,920.7 crore up 20.4% year-on-year (down 12.1% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 15.8 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 3,188.6 crore, according to Motilal Oswal.


Pre Provision Profit (PPP) is likely to rise by 33.5% Y-o-Y (down 3.3 percent Q-o-Q) to Rs. 2,083.5 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.


 

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