The brokerage house Kotak Institutional Equities, expects the bank to report net profit of Rs 1,812.6 crore, up 33 percent YoY and 7 percent sequentially. Net interest income (NII) is expected to rise 15.2 percent YoY and 2 percent quarter on quarter (QoQ) to Rs 1,062 crore. Kotak expects pre-provision operating profit (PPOP) to rise 6 percent YoY and 4 percent QoQ to Rs 1,924.6 crore.
The brokerage house Kotak Institutional Equities, expects the bank to report net profit of Rs 1,812.6 crore, up 33 percent YoY and 7 percent sequentially. Net interest income (NII) is expected to rise 15.2 percent YoY and 2 percent quarter on quarter (QoQ) to Rs 1,062 crore. Kotak expects pre-provision operating profit (PPOP) to rise 6 percent YoY and 4 percent QoQ to Rs 1,924.6 crore. The brokerage house Kotak Institutional Equities, expects the bank to report net profit of Rs 1,812.6 crore, up 33 percent YoY and 7 percent sequentially. Net interest income (NII) is expected to rise 15.2 percent YoY and 2 percent quarter on quarter (QoQ) to Rs 1,062 crore. Kotak expects pre-provision operating profit (PPOP) to rise 6 percent YoY and 4 percent QoQ to Rs 1,924.6 crore. Moneycontrol Latest News Read More
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