Axis Bank shares nosedive 7% post Q1; tumble 11% in five sessions
Axis Bank’s Q1 earnings missed estimates, due to higher credit costs as well as higher slippages, which pushed GNPA higher.
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Axis Bank Q1 profit up 4% to ₹6,035 cr; NII up 12%
As of Q1, Axis Bank's balance sheet grew 13% to ₹14,68,163 cr; deposits up 13%
Axis Bank Q2 profit surges 10% to ₹5,864 cr
Axis Bank's net interest income grew 19% YoY to ₹12,315 crore, and its net interest margin at 4.11%
Axis Bank Q1 profit jumps 41% to ₹5,797 cr; NII up 27%
Amitabh Chaudhry, MD & CEO, Axis Bank, says the private lender is confident of delivering sustainable growth across all our priority businesses
Axis Bank share falls 3% despite robust Q1; should you buy, hold, or sell?
Most of the analysts have maintained “buy” call on Axis Bank after it reported a 91% y-o-y jump in net profit in June quarter of 2022
Axis Bank Q1 profit soars 91% to ₹4,125 cr
The bank's net interest income (NII) grew 21% year-on-year to ₹9,384 crore in the first quarter.
