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AU Small Finance Bank Q3 Net Profit seen up 128.9% YoY to Rs. 435.2 cr: Emkay

Net Interest Income (NII) is expected to increase by 16.2 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 589 crore, according to Emkay.

January 20, 2021 / 06:37 PM IST
AU Small Finance Bank | Westbridge AIF I acquired 59.50 lakh equity shares in company at Rs 911.37 per share, whereas Redwood Investment sold 1,37,02,614 shares at Rs 910.55 per share on the BSE.

AU Small Finance Bank | Westbridge AIF I acquired 59.50 lakh equity shares in company at Rs 911.37 per share, whereas Redwood Investment sold 1,37,02,614 shares at Rs 910.55 per share on the BSE.

 
 
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Emkay has come out with its third quarter (October-December’ 20) earnings estimates for the BFSI sector. The brokerage house expects AU Small Finance Bank to report net profit at Rs. 435.2 crore up 128.9% year-on-year (up 35.2% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 16.2 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 589 crore, according to Emkay.


Pre Provision Profit (PPP) is likely to rise by 152.2% Y-o-Y (up 69.2 percent Q-o-Q) to Rs. 788.9 crore.


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