Yes Bank Q1 profit may jump 26% to Rs 919 cr, loan growth seen at 25-30%

Jul 25, 2017 07:32 PM IST | Source: CNBC-TV18

Loan growth is expected to be at 25-30 percent in Q1FY18 against 34.7 percent in Q4FY17.

Yes Bank Q1 profit may jump 26% to Rs 919 cr, loan growth seen at 25-30%

Private sector lender Yes Bank is expected to show 25.6 percent growth in first quarter profit at Rs 919.1 crore compared with Rs 731.8 crore in same quarter last year. Earnings will be announced on July 26.

Net interest income is seen rising 31.9 percent to Rs 1,736.5 crore from Rs 1,316.6 crore on year-on-year basis, according to average of estimates of analysts polled by CNBC-TV18.

Key things to watch out for:-

Loan growth is expected to be at 25-30 percent in Q1FY18 against 34.7 percent in Q4FY17.

Analysts said net interest margin comes above 3.4 percent then that will be positive. Provisions can remain elevated, they feel.