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 Q3 Results Review: Earnings miss estimates; brokerages slash targets
Axis Bank Q3FY25 results miss estimates as net profit rises three-point eight three percent YoY. Slower credit, deposit growth, and rising slippages prompt brokerages to cut target prices.
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,
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's shares tumble nearly 5% following weak earnings in Q3FY25
Axis Bank's shares fell nearly 5 per cent on Friday, closing at Rs 991.25, after the private sector lender reported weak financial results for the quarter ending December 2024 (Q3FY25). The results highlighted the bank's slippages and credit costs reaching multi-quarter highs, while its growth and margins were at multi-quarter lows.
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.
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's Q3FY25 results: Net profit rises 4% to Rs 6,034 crore
Gross non-performing assets (NPAs) stood at 1.46 per cent at the end of the December quarter, and net NPAs stood at 0.35 per cent
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.
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