Axis Bank Q4 preview: Net profit may jump up to 26% QoQ, NIM seen improving

Net interest income (NII), according to Edelweiss Securities, will touch Rs 9,559.9 crore, inclusive of other income, up 27.1 per cent YoY. It was Rs 7,519.1 crore at the end of March 2018.

Axis Bank, India’s third largest private sector lender is set to announce its fourth quarter (January-March) results for 2018-19 on Thursday. Analysts are expecting a broad-based growth across all segments of the bank on the back of improved asset quality across the financial sector, coupled with improving liquidity and falling interest rates. Moreover, hopes are high from the new managing director and chief executive officer (MD&CEO) Amitabh Chaudhry, a seasoned investment banker, to turn the bank around.

Chaudhry took over as the MD&CEO of the bank on January 1, 2019.

At the bourses, Axis Bank has outperformed both Nifty as