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Axis Bank posts 18% increase in Q2 profit
India's Axis Bank posts Q2 profit beat on strong credit demand
India's Axis Bank reported a higher-than-expected second-quarter profit on Thursday, helped by an increase in core lending income. The country's fourth-largest private lender by market value said its standalone net profit,
Axis Bank Q2 net profit rises 18%; management flags higher stress in unsecured loans
Axis Bank, on Thursday reported a Q2 net profit at ₹6,918 crore, up 18% on a year-on-year (YoY) results basis and 15% sequentially, supported by steady margin and core income growth.
Axis Bank Q2 profit rises 18% on strong core biz growth
The robust profit growth was fuelled by a 24% rise in operating profits and a 10% increase in core operating profits year-on-year.
India's Axis Bank posts Q2 profit beat; margins shrink
India's Axis Bank reported a bigger-than-expected rise in second-quarter profit on Thursday, helped by higher core lending income. The country's fourth-largest private lender by market capitalisation said its standalone net profit - which excludes its subsidiaries - rose 18% to 69.
Axis Bank Q2 Profit Rises
Indian bank Axis Bank Limited Thursday reported second-quarter profit of 6,918 crore rupees or 88.20 rupees per share, compared to
Axis Bank shares jump 5% after Q2 results; but brokerages say 'little to cheer about'
Shares of private lender Axis Bank zoomed nearly 5 per cent after reporting its Q2 FY 2024-25 results. Global brokerage firm Bernstein said there is little to cheer about the Q2 results. Read on to know what Nomura and Bernstein said and what target prices they have set for the banking stock.
India's Axis Bank posts Q2 profit rise
India's Axis Bank reported an 18% year-on-year rise in second-quarter profit on Thursday, helped by higher core lending income on the back of strong credit demand.
Axis Bank's overall Q2 provisions jump to ₹2,204 cr on elevated retail slippages
Slippages for the September quarter were ₹4,443 crore, of which ₹4,073 crore were from the retail loan segment, ₹264 crore from commercial banking loans and another ₹106 crore from wholesale loans, the bank said.
Axis Bank net income up 18% to Rs 6,918 crore in Q2 of FY25
MUMBAI: The third largest private sector lender Axis Bank has reported an 18 percent on-year growth in net income at Rs 6,917.57 crore for the September quarter, driven by higher interest income as its loan sales rose which pushed its net interest income by a healthy 10 percent.
5d
Bengaluru Police arrest Axis Bank manager, 3 sales executives in a Rs 97-crore stock-market fraud
As many as 254 cases linked to the scam in which investors were promised hefty returns through stock tips on WhatsApp have ...
ThePrint
2d
Indian shares caught between Infosys-led IT slide and Axis Bank’s boost
By Hritam Mukherjee (Reuters) -Indian shares inched lower on Friday as a drop in IT stocks after bellwether Infosys's disappointing forecast was nearly offset by an Axis Bank-led rise in financials ...
2d
Axis Bank Stocks Highlights: Axis Bank Stock Price History
Welcome to the Axis Bank Stock Liveblog, your go-to platform for real-time updates and analysis on a top-performing stock.
3d
on MSN
Q2 Results Today: Infosys, Wipro, Axis Bank, LTIMindtree, among 36 companies to declare earnings on October 17
Infosys, Wipro, Axis Bank, LTIMindtree, Nestle India, Tata Chemicals, Tata Communications, Indian Overseas Bank, Havells ...
Forbes India
2d
Kotak Mahindra Bank acquires Standard Chartered India's personal loan book
The acquisition will help Kotak Mahindra Bank expand its unsecured loan book. But it will need to scout for larger ...
4d
Kotak Mahindra Bank’s aim to be 3rd largest private lender exposes it to significant M&A risk: Bernstein
Kotak Mahindra Bank, aiming to be Indias third largest private sector lender by 2030, faces significant M&A risks and ...
3d
India’s Festive Season to Make or Break Market Mood
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
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