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'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.
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 ...
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Axis Bank shares slide 6% to 52-week low: This is the BIG worry….
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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 ...
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 ...
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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 ...
Axis Bank Q3 Preview: Modest credit growth to cap NII gains; stable margins likely
Axis Bank's NII will likely reach Rs 13,794 crore in Q3FY25 while net profit is expected to rise to Rs 6,416 crore ...
Axis Bank shares: Target prices see cuts as credit cost highest, deposit growth slowest among peers
Slippages jumped, driven by agri and unsecured, credit cost remained highest among top 5 banks and deposit growth the slowest ...
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 ...