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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,
India's Kotak Mahindra Bank Q3 profit rises 10% on higher lending income
India's Kotak Mahindra Bank on Saturday reported a 10% rise in quarterly profit as it boosted lending, although provisions for potential bad loans surged.
3h
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 ...
1d
on MSN
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 ...
1d
on MSN
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 ...
1d
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 ...
cnbctv18
2d
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 ...
The Financial Express
1d
Axis Bank shares slide 6% to 52-week low: This is the BIG worry….
Axis Bank shares drop 6% to a 52-week low following Q3 earnings miss. Explore what led to the decline and brokerages' outlook ...
1d
on MSN
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 ...
1d
on MSN
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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