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AU Small Finance Bank Q4 Net Profit seen up 126.1% YoY to Rs 277 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 26.4 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs 701 crore, according to Sharekhan.

April 15, 2021 / 05:32 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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Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects AU Small Finance Bank to report net profit at Rs 277 crore up 126.1% year-on-year (down 42.3% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 26.4 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs 701 crore, according to Sharekhan.


Pre Provision Profit (PPP) is likely to rise by 118.4% Y-o-Y (down 21 percent Q-o-Q) to Rs 690 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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