Wednesday, April 20, 2011

Axis Bank Q4 2011 Results - April 22 Axis Bank March Quarter Q4 Yearly Results - FY 2010-11

Axis Bank is to announce Q4 results for FY 10-11 on April 22 2011 (Friday). The yearly results, Dividend and Jan-Mar quarter revenue, net profit will be announced on that day.

Brokerage Earning Estimate:

- Angel Broking estimates Axis Bank March quarter net operating income to go up by 26.2% at Rs 3,022 crore, year-on-year. Net profit to go up by 30.1% at Rs 995 crore YoY basis.

- Emkay Global Financial Services estimates Axis Bank March quarter net interest income (NII) to go up by 29.1% at Rs 1885.5 crore, year-on-year. Net profit to go up by 34.9% at Rs 1032 crore YoY basis.

- Sharekhan estimates Axis Bank March quarter net interest income (NII) to go up by 24.3% at Rs 1815 crore, year-on-year. Net profit to go up by 23.9% at Rs 948 crore YoY basis.


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