India's Axis Bank slips

India's Axis Bank slips as Q3 profit misses market view
Shares of India's Axis Bank fell 3.7% on Friday, a day after the lender posted a smaller-than-expected quarterly profit increase, weighed down by slower loan growth and higher provisions set aside for potential bad loans.
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,
Axis Bank to announce Q3 earnings today, here's what to expect
Private sector lender Axis Bank will announce its earnings for the quarter ended December 2024 today. Brokerage Citi India sees Axis Bank's Q3 profit at Rs 6,304.6 crore, rising 4 per cent year-on-year (Y-o-Y) but falling 9 per cent quarter-on-quarter (Q-o-Q).
Indian lender Axis Bank misses Q3 profit view as higher provisions weigh
India's Axis Bank reported a smaller-than-expected rise in third-quarter profit on Thursday, as it set aside more funds for potential bad loans amid a slight deterioration in asset quality. The country's fourth-largest private lender by market capitalisation said its standalone net profit - which excludes earnings of its subsidiaries - rose 4% to 63.
Axis Bank Q3 results highlights: Net profit in-line with expectations; asset quality stable
Mumbai-based private lender Axis Bank Ltd. reported results for the December quarter, which were in-line with expectations. Net Interest Income increased by 8.6% from last year and was in-line with expectations,
Analysts cut Axis Bank share target after Q3, but valuation lends comfort
On the bourses, Axis Bank share price tumbled 6.3 per cent intraday to hit a fresh 52-week low of Rs 974.45 per share
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 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.
Axis Bank Q3 results: PAT rises 4% to Rs 6,304 cr on higher lending income
The Mumbai-based private lender's standalone net profit - which excludes its subsidiaries - rose 4 per cent to Rs 6,304 crore
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 Review: Earnings miss estimates; brokerages slash targets
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Axis Bank Q3: Brokerages cut target prices, expect credit, deposit growth to slow
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Axis Bank Q3 Results Preview: Net profit may rise 6% YoY; NIM to remain stable; deposit, loan growth to be flat
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Axis Bank share price: Stock down 12% in one month; BUY, SELL, or HOLD?
Axis Bank posted a 4 per cent growth in its December quarter net profit to Rs 6,304 crore. The bank had earned a net profit of Rs 6,071 crore in the October-December quarter of the previous year. The ...
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