Axis Bank Q4 Net Profit may dip 241.2% YoY to Rs. 1,959.7 cr: Prabhudas Lilladher

Net Interest Income (NII) is expected to increase by 11.7 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 7,604.2 crore, according to Prabhudas Lilladher.

April 06, 2021 / 08:25 PM IST
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Prabhudas Lilladher has come out with its fourth quarter (January-March’ 21) earnings estimates for the BFSI sector. The brokerage house expects Axis Bank to report net profit at Rs. 1959.7 crore down 241.2% year-on-year (up 75.5% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 11.7 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 7,604.2 crore, according to Prabhudas Lilladher.

Pre Provision Profit (PPP) is likely to rise by 10.1% Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 6,443.9 crore.

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