MM Q1 Preview: Profit, revenue to decline 50%, but margin may improve
Kotak Institutional Equities expects revenues to decline by 57 percent YoY, mostly in line with volume decline, and profit to fall 62 percent in quarter ended June 2020.
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Kotak Institutional Equities expects revenues to decline by 57 percent YoY, mostly in line with volume decline, and profit to fall 62 percent in quarter ended June 2020.