Axis Bank Q4 preview: Low provisioning likely, but asset quality may worsen

Axis Bank may report a subdued earning show for the March quarter of FY21 (Q4FY21) as analysts believe the lender may see single-digit loan growth, deterioration in asset quality, and slippages at 4.5 per cent of loan book. It may, nonetheless, report net profit compared during the quarter as against net loss posted in the year-ago period. The lender is scheduled to report its Q4 results on Tuesday, April 27.

Here’s what leading brokerages expect from Axis Bank’s Q4 results:

Edelweiss Securities

“Loan momentum will be tepid as demand remains weak and lenders are risk averse. Retail deposits growth, however,