Emkay has come out with its third quarter (October – December’ 24) earnings estimates for the Banking sector. The brokerage home expects Axis Financial institution to report internet profitat Rs. 6,308.6 crore up 7.8% year-on-year (up 7.6% quarter-on-quarter).
Internet Curiosity Revenue (NII) is anticipated to extend by 10.5 % Y-o-Y (up 2.8 % Q-o-Q) to Rs. 12,664.3 crore, in keeping with Emkay.
Pre Provision Working Revenue (PPOP) is prone to fall by 1.6% Y-o-Y (up 5.8 % Q-o-Q) to Rs. 9,128.9 crore.
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