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AU Small Finance Bank Q1 Net Profit seen up 17.3% YoY to Rs. 235.7 cr: Emkay Research

Net Interest Income (NII) is expected to increase by 26.2 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 650.9 crore, according to Emkay Research.

July 14, 2021 / 08:09 PM IST
AU Small Finance Bank | The bank launched its qualified institutional placement (QIP) issue on March 9 and fixed the floor price at Rs 1,181.06 per share.

AU Small Finance Bank | The bank launched its qualified institutional placement (QIP) issue on March 9 and fixed the floor price at Rs 1,181.06 per share.

 
 
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Emkay Research has come out with its first quarter (April-June’ 21) earnings estimates for the BFSI sector. The brokerage house expects AU Small Finance Bank to report net profit at Rs. 235.7crore up 17.3% year-on-year (up 39.4% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 26.2 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 650.9 crore, according to Emkay Research.


Pre Provision Profit (PPP) is likely to rise by 2.4% Y-o-Y (up 22.1 percent Q-o-Q) to Rs. 456.5 crore.


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