India's Axis Bank tumbles on profit miss, asset quality woes
By Ashna Teresa Britto and Siddhi Nayak (Reuters) -Shares of Axis Bank fell to a 14-month low on Friday, a day after the lender missed profit estimates on slower loan growth, higher bad loan provisions,
Axis Bank Q3 results highlights: Net profit in-line with expectations; asset quality stable
For Axis Bank, the Net Interest Income (NII) is projected to grow by 10% year-on-year (YoY), while Profit After Tax (PAT) is expected to rise by a modest 3% YoY.
Higher provisions, slower loan growth hurt Axis Bank’s Q3 profit
Gross slippages for the December quarter rose 22% sequentially and 46% annually to ₹5,432 crore, the bank said in statement detailing its quarterly results. Slippages to the tune of ₹4,923 crore were from the retail book,
Infosys, Axis Bank drag down Indian benchmarks, outweighing Reliance's gains
India's benchmark indexes fell on Friday, dragged down by a drop in IT company Infosys and private lender Axis Bank after their quarterly results. The Nifty 50 fell 0.35% to 23,229.1 points as of 10:05 a.
Axis Bank logs disappointing 3.83% growth in net profit in third quarter
MUMBAI: The third largest private sector lender Axis Bank has reported a disappointing 3.83% on-year growth in net profit at Rs 6,304 crore in the December quarter following moderate loan growth and a spike in loan loss provisions due to rising delinquencies.
Axis Bank Q3 Results: Net profit surges 3.8% YoY to ₹6,304 crore, NII up 8.6%
Results: Private lender Axis Bank on Thursday, reported a standalone net profit increase of 3.8%, reaching ₹6,304 crore in December 2024, compared to a profit after tax (PAT) of ₹6,071 crore in the corresponding quarter of the previous financial year.
Indian lender Axis Bank's Q3 profit rises on higher lending income
India's Axis Bank reported a 4% year-on-year rise in third-quarter profit on Thursday, helped by higher core lending income.
Axis Bank underperforms Friday when compared to competitors
Axis Bank Ltd. 532215 shares slipped 4.71% to 991.25 Indian rupees Friday, on what proved to be an all-around dismal trading ...
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Axis Bank shares tumble 6% on weak Q3 results
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Axis Bank Q3 Results Review: Earnings miss estimates; brokerages slash targets
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Axis Bank outperforms market on strong trading day
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Axis Bank Share Price Live Updates: Axis Bank's Current Market Position
Welcome to the Axis Bank Stock Liveblog, your real-time source for the latest updates and comprehensive analysis on a ...
Axis Bank Q3: Brokerages cut target prices, expect credit, deposit growth to slow
Brokerages rushed to cut their target price on Axis Bank shares following its Q3 results, amid higher slippages and tight ...
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Axis Bank shares drop 6% to hit 52-week low. Should you buy?
The stock closed at Rs 1,040.20 in the previous session, opened at Rs 1,006.95 on Friday and slid further to Rs 974.45 on the ...