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Kotak Mahindra Bank Q3 Net Profit seen up 6.1% YoY to Rs. 1,693.7 cr: Emkay

Net Interest Income (NII) is expected to increase by 13.3 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 3,886.7 crore, according to Emkay.

January 20, 2021 / 06:24 PM IST
 
 
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Emkay has come out with its third quarter (October-December’ 20) earnings estimates for the BFSI sector. The brokerage house expects Kotak Mahindra Bank to report net profit at Rs. 1,693.7 crore up 6.1% year-on-year (down 22.5% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 13.3 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 3,886.7 crore, according to Emkay.


Pre Provision Profit (PPP) is likely to rise by 23.2% Y-o-Y (down 10.8 percent Q-o-Q) to Rs. 2,942.4 crore.


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