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Kotak Mahindra Bank Q4 Net Profit seen up 66.1% YoY to Rs 2,103 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 18.4 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs 4,214 crore, according to Sharekhan.

April 15, 2021 / 05:18 PM IST
 
 
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Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects Kotak Mahindra Bank to report net profit at Rs 2,103 crore up 66.1% year-on-year (up 13.5% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 18.4 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs 4,214 crore, according to Sharekhan.


Pre Provision Profit (PPP) is likely to rise by 24.9% Y-o-Y (up 10.4 percent Q-o-Q) to Rs 3,408 crore.


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