Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Banks/Diversified Financials sector. The brokerage house expects Yes Bank to report net profit at Rs. 853.2 crore down 27.7% year-on-year (down 14.8% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 18.8 percent Y-o-Y (down 4 percent Q-o-Q) to Rs. 2,559 crore, according to Kotak.
Pre Provision Profit (PPP) is likely to fall by 9.3% Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 1,937.4 crore.
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