Kotak Mahindra Bank Q2 Net Profit may dip 20.9% YoY to Rs. 1,727.9 cr: Prabhudas Lilladher

Market Outlook

Net Interest Income (NII) is expected to decrease by 3.3 percent Y-o-Y (down 4 percent Q-o-Q) to Rs. 3,785.4 crore, according to Prabhudas Lilladher.

Broker Research

October 07, 2021 / 02:51 PM IST

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Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the Banking sector. The brokerage house expects Kotak Mahindra Bank to report net profit at Rs. 1,727.9 crore down 20.9% year-on-year (up 5.2% quarter-on-quarter).

Net Interest Income (NII) is expected to decrease by 3.3 percent Y-o-Y (down 4 percent Q-o-Q) to Rs. 3,785.4 crore, according to Prabhudas Lilladher.

Pre Provision Profit (PPP) is likely to fall by 13.2% Y-o-Y (down 8.3 percent Q-o-Q) to Rs. 2,861 crore.

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