Axis Bank Q3 Net Profit may rise by 39.3% YoY to Rs2,448.3cr: ICICI Direct
Wed, Jan 20, 2021 9:30 PM

Axis Bank Q3 Net Profit may rise by 39.3% YoY to Rs2,448.3cr: ICICI Direct

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ICICI Direct has worked out its Q3 (October-December’ 20) earnings estimates for the Banking & Financial Services sector. The brokerage house expects Axis Bank to report net profit at Rs. 2,448.3 crore up 39.3% year-on-year (up 45.5% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 14.7 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 7,402.8 crore, according to ICICI Direct.

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