 "Analysts at Sharekhan expect an 11 per cent YoY jump in operating profit for the quarter under review")
Axis Bank Q3 Preview: Cost control, modest loan growth, and low previous year base may aid Axis Bank to report healthy set of numbers for the December quarter of FY21 (Q3FY21). The lender, which is scheduled to report the Q3 results on Wednesday, January 27, had clocked a net profit of Rs 1,756.9 crore in Q3FY20, and of Rs 1,682.7 crore in the September quarter of FY21 (Q2FY21).
During the quarter under review, the stock price of the Mumbai-based lender has outperformed the benchmark Nifty50 index on the National Stock Exchange. The stock advanced 46.1 per cent in the December
