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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.


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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First Published on Jan 15, 2019 02:07 pm
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