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Axis Bank Q3: Profit may jump up to 83% YoY; asset quality could take a hit

Limited Covid-19 provisioning in the quarter may shore up profit of Axis Bank, analysts at Edelweiss Securities said in their result preview report

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Axis Bank | Q3 results | corporate earnings

Nikita Vashisht  |  New Delhi 



Analysts at Sharekhan expect an 11 per cent YoY jump in operating profit for the quarter under review
Analysts at Sharekhan expect an 11 per cent YoY jump in operating profit for the quarter under review

Q3 Preview: Cost control, modest loan growth, and low previous year base may aid to report healthy set of numbers for the December quarter of FY21 (Q3FY21). The lender, which is scheduled to report the 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).

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First Published: Wed, January 27 2021. 07:45 IST

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