Moneycontrol
Last Updated : Jan 15, 2019 02:07 PM IST | Source: Moneycontrol.com

Axis Bank Q3 Net Profit seen up 82.5% YoY to Rs. 1,326 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 19.7 percent Y-o-Y (up 8.3 percent Q-o-Q) to Rs. 5,664 crore, according to Sharekhan.

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Sharekhan has come out with its third quarter (October-December’ 18) earnings estimates for the Banking & NBFC sector. The brokerage house expects Axis Bank to report net profit at Rs. 1,326 crore up 82.5% year-on-year (up 67.9% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 19.7 percent Y-o-Y (up 8.3 percent Q-o-Q) to Rs. 5,664 crore, according to Sharekhan.


Pre Provision Profit (PPP) is likely to rise by 20% Y-o-Y (up 12.9 percent Q-o-Q) to Rs. 4,623.7 crore.


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First Published on Jan 15, 2019 02:07 pm
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