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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.
Shares plummet post Axis Bank Q3 results, profit growth slows
Axis Bank's shares drop 5.90% on NSE, Q3FY25 net profit rises 3.83%, provisions double, asset quality concerns grow.
Analysts cut Axis Bank share target after Q3, but valuation lends comfort
The management believes FY25 credit growth will be anchored by deposit growth/LDR, which, analysts think, is still a challenge for Axis Bank
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: 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.
50m
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 ...
2h
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 ...
1h
on MSN
Axis Bank shares in focus after Q3 earnings miss estimates. Should you buy, sell, or hold?
Axis Bank reported a 3.8% increase in consolidated net profit for Q3 FY25. The net interest income grew by 9%, and operating ...
20h
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.
1h
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 ...
10m
Axis Bank Shares Plummet Over 5% After Private Lender's PAT Drops 8.8% Sequentially. NII Stands Flat At ₹13,606
Axis Bank shares were trading at Rs 982.45 per share on the Indian bourses with a downturn of 5.35 per cent amounting to Rs ...
cnbctv18
1h
Axis Bank shares fall 4% after multiple price target cuts on weak Q3 results
Out of the 49 analysts who have coverage on Axis Bank, 40 of them have a "buy" rating, while the other nine have a "hold".
57m
on MSN
Axis Bank Q3 FY25 Preview: Earnings growth likely to be muted amid weak loan growth, elevated provisions
FY25 results likely to show muted growth as weak loan expansion, declining margins, and elevated provisions weigh on earnings ...
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