Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the Life Insurance sector. The brokerage house expects HDFC Standard Life to report net profit at Rs. 404.4 crore up 16.6% year-on-year (up 64.6% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 7.2 percent Y-o-Y (up 38.3 percent Q-o-Q) to Rs. 9,541.4 crore, according to Motilal Oswal.
Pre Provision Profit (PPP) is likely to rise by 27.4% Y-o-Y (up 68.3 percent Q-o-Q) to Rs. 431.7 crore.
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