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Axis Bank Q4 Net Profit to Rs 1,664 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 19.3 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs 7,698 crore, according to Sharekhan.

April 15, 2021 / 05:00 PM IST
 
 
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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 Axis Bank to report net profit at Rs 1,664 crore (up 49% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 19.3 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs 7,698 crore, according to Sharekhan.


Pre Provision Profit (PPP) is likely to rise by 8.5% Y-o-Y (up 4.1 percent Q-o-Q) to Rs 6,348 crore.


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