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HDFC Standard Life Q4 Net Profit seen up 16.6% YoY to Rs. 404.4 cr: Motilal Oswal

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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.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




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