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Axis Bank to announce Q4 results on Thursday; here's what brokerages expect

Axis Bank Q4 preview: Axis Bank may report around 50 per cent year-on-year (YoY) growth in net profit

Axis Bank to announce Q4 results on Thursday; here's what brokerages expect
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Nikita Vashisht New Delhi
Axis bank Q4 preview: Mumbai-based Axis Bank may report around 50 per cent year-on-year (YoY) growth in net profit, when it announces its January-March quarter (Q4Fy44) result on Thursday, April 28.
 
Brokerages said the lender could also see its net interest income (NII) improve over 20 per cent YoY amid a decent uptick in loan book.

"We continue to expect strong loan growth at 6 per cent quarter on quarter, led by high risk-adjusted return on capital (RAROC) business, which includes SME and certain retail segments. On a YoY basis, we expect growth at 15 per cent YoY versus 17