INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Kotak Mahindra Bank may clock a 35-50 per cent year-on-year (YoY) rise in net profit when it reports its June quarter results on
The net interest income is seen to grow in excess of 20 per cent, NIMs are expected to stay in 4.3-4.4 per cent range while asset quality
may remain stable despite a rise in slippages, analysts said
Brokerage Sharekhan expects the lender to outpace the industry growth rates by posting a steady growth of 21 per cent YoY in the loan book
It feels that a fall in bond yields will aid profitability
Sharekhan is of the view that the asset quality will largely be stable
watched.
PhillipCapital expects the bank to report a 52 per cent YoY rise in profit at Rs 1,557.70 crore compared with Rs 1,024.90 crore in
the corresponding quarter last year
NII is seen rising 23.1 per cent to Rs 3,180.80 crore
Slippages are seen surging 60.7 per cent YoY to Rs 617 crore
NIMs are seen at 4.3 per cent, up 10 bps YoY
A cautious approach towards the auto - financial sector is expected to continue
With no substantial exposure to stressed corporates, GNPA is seen staying stable at 2 per cent with provision seen at Rs 214 crore; 10 bps