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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 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 net profit jumps 18 per cent to Rs 6,918 crore in Q2
The net interest margin stood at 3.99% in the second quarter, down from 4.05% in the first quarter of the current fiscal.
India's Axis Bank posts Q2 profit beat; margins shrink
The country's fourth-largest private lender by market capitalisation said its standalone net profit - which excludes its subsidiaries - rose 18% to 69.18 billion rupees ($823.25 million) for the quarter ended Sept.
Axis Bank Q2 results: Net profit rises 18%, net interest income 9% up
In terms of deposits, Axis Bank reported a 14% YOY increase, with term deposits soaring by 21% YOY. Current Account Savings Account (CASA) deposits saw a more modest growth of 4% YOY.
Axis Bank Q2FY25 PAT up 18 per cent
Axis Bank reports strong Q2FY25 results with 18% YoY profit growth, stable NIM, and rising stress in unsecured loans.
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 Q2 PAT grows 18% to ₹6,918 crore
Axis Bank's Q2FY25 financial report shows 18% net profit growth, 9% NII growth, and strong provision coverage ratios.
Axis Bank posts 18% increase in Q2 profit driven by robust credit demand
Axis Bank announced a larger-than-expected increase in second-quarter profit, buoyed by strong core lending income and rising credit demand. The fourth-largest private lender in India, by market capitalization,
Axis Bank Q2 Net Profit Climbs 18% To ₹6,917.57 Cr, Beats Estimates
Axis Bank on Thursday posted an 18% jump in its net profit for the second quarter of the financial year, beating analyst estimates. What Happened: The private lender's net profit came in at ₹6,917.57 crore for the quarter ended September 30,
Axis Bank Q2 profit rises 18 pc to Rs 6,918 cr
Axis Bank on Thursday reported an 18 per cent growth in net profit to Rs 6,918 crore in the second quarter ended September 2024
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Axis Bank Q2 net up 19%; reports pain in unsecured loans bse nse
Axis Bank's consolidated net profit for the September quarter rose by 19.29 per cent to Rs 7,401.26 crore, but the lender ...
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Axis Bank Q2 Results: PAT surges 18% YoY to Rs 6,918 crore, NII jumps 9%
Axis Bank's net profit rose 18% YoY in Q2 FY25 to Rs 6,918 crore, driven by a 9% increase in Net Interest Income (NII) and ...
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The Financial Express
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Q2 Results 2024: Wipro, Infosys, Axis Bank, Nestle India, LTIMindtree, Ceat, among others releasing Q2 results today
Today, companies like Wipro, Infosys, Axis Bank, Nestle India, LTIMindtree, Havells India, Tata Communications, Central Bank ...
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Axis Bank is unsure when the stress in unsecured loans will peak — key highlights from the concall
Mumbai-based Axis Bank reported rising stress in its unsecured loan portfolio during the second quarter of FY25, despite an ...
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