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.
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 points or 1.8%.
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'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: 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 ...
What do Axis Bank’s results signal?
Key takeaways from Axis Bank's Q3 results include slower deposit and loan growth, rising NPAs, and potential industry ...
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Axis Bank shares dip 4% after Q3 earnings miss estimates. Should you buy, sell, or hold?
The lender reported a 3.8% increase in consolidated net profit for Q3 FY25. The net interest income grew by 9%, and operating ...
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: Target prices see cuts as credit cost highest, deposit growth slowest among peers
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Fry-day! Infosys, Axis Bank drag Sensex over 750 pts lower, Nifty slides below 23,150
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