Indian lender Axis Bank misses Q3 profit view

Higher provisions, slower loan growth hurt Axis Bank’s Q3 profit
Axis Bank Q3 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 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
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.
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
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: PAT jumps 4% YoY to Rs 6,304 crore, misses estimates
Results: The lender reported interest income of Rs 30,954 crore in Q3 FY25, an 11% increase from Rs 27,961 crore in the same period last year. It reported Rs 30,954 crore in interest income for Q3 FY25,
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 Q3 Profit Up 4%, Loan Growth Slows
Axis Bank's Q3 profit rose 4% to Rs 6,304 crore, driven by higher provisions and slower loan growth. Retail segment asset quality pressures impacted the results.
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 Results: Net profit rises by 4% to Rs 6,304 crore
Results: Private sector lender Axis Bank on Thursday reported a 4 per cent rise in standalone net profit to Rs 6,304 crore for the third quarter ended on December 31, 2024. The bank had earned a net profit of Rs 6,
India's Axis Bank misses profit view on bad loan provisions, slow loan growth
India's Axis Bank reported a smaller-than-expected rise in quarterly profit on Thursday, as loan growth slowed and it set aside more funds against potential bad loans. 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.
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