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Last Updated : Oct 11, 2019 05:02 PM IST | Source: Moneycontrol.com

Axis Bank Q2 Net Profit seen up 108% YoY to Rs. 1,643 cr: KR Choksey

Net Interest Income (NII) is expected to increase by 18.6 percent Y-o-Y (up 6.2 percent Q-o-Q) to Rs. 6,207 crore, according to KR Choksey.

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KR Choksey has come out with its second quarter (July-September’ 19) earnings estimates for the BFSI sector. The brokerage house expects Axis Bank to report net profit at Rs. 1,643 crore up 108% year-on-year (up 19.9% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 18.6 percent Y-o-Y (up 6.2 percent Q-o-Q) to Rs. 6,207 crore, according to KR Choksey.


Pre Provision Profit (PPP) is likely to rise by 48% Y-o-Y (up 2.9 percent Q-o-Q) to Rs. 6,061 crore.


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First Published on Oct 11, 2019 05:02 pm
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