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.
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.
Axis Bank share price falls over 5% to 52-week low as Q3 results miss estimates, brokerages cut target price
Axis Bank’s shares dropped 5% to a 52-week low following disappointing Q3FY25 results. Despite a 3.83% YoY rise in net profit ...
Axis Bank Q3: Brokerages cut target prices, expect credit, deposit growth to slow
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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 ...
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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 ...
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Axis Bank shares drop 6% to hit 52-week low. Should you buy?
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Indian equity indices Sensex and Nifty50 fell sharply on Friday, with major declines in Infosys and Axis Bank shares post ...