Axis Bank Q3 Results: Profit Jumps 4% YoY

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.
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
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.
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: 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
Axis Bank shares fall 6% after multiple price target cuts on weak Q3 results
Out of the 49 analysts who have coverage on Axis Bank, 40 of them have a "buy" rating, while the other nine have a "hold". The lender does not have any "sell" recommendations from analysts.
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 Grew 4% YOY To Rs 6,304 Cr; Asset Quality Stable
The Axis Banks operating profit for the quarter rose 15% year over year to Rs 10,534 crores. Core operating profit rose 14% year over year to Rs 10,102 crores in Q3FY25, while net profit rose 4% YoY to Rs 6,
Axis Bank Q3 net profit up 4 per cent, cautions on retail asset quality issues
Executives at the country’s third largest private sector lender said the bank sees a degree of indebtedness in certain segments of the borrowers, which led to taking a deliberate call on slowing loan
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: 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.
The Financial Express8h
Axis Bank shares tumble 6% on weak Q3 results
Among the Sensex shares, it was the second worst performer and the biggest loser in the BSE Bankex, which dropped 1,026 ...
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 ...
Axis Bank Q3 Results Preview: Net profit may rise 6% YoY; NIM to remain stable; deposit, loan growth to be flat
Axis Bank is expected to report a net profit of ₹6,440 crore in the fiscal third quarter ending December 2024, registering a ...
Fry-day! Infosys, Axis Bank drag Sensex over 750 pts lower, Nifty slides below 23,150
Indian equity indices Sensex and Nifty50 fell sharply on Friday, with major declines in Infosys and Axis Bank shares post ...
Axis Bank Shares Plummet Over 5% After Private Lender's PAT Drops 8.8% Sequentially; NII Stands Flat At ₹13,606
Private lending giant Axis Bank shares were plummeting down more than 5 per cent after the bank declared their financials for ...