Axis Bank shares tank 6% post Q3; here’s why
Axis Bank’s Q3 profit of ₹6,071 crore was slightly short of the market expectations, while NII was mostly in line with projections.
axis bank q3 profit
January 2024
January 2023
Axis Bank shares fall 3% despite strong Q3; here’s why
Axis Bank has reported a 62% YoY rise in its net profit at ₹5,853 crore in Q3 FY23, aided by improvement in operating metrics and asset quality.
Axis Bank Q3 profit surges 62% to ₹5,853 cr; NII up 32%
Axis Bank's provision, contingencies stand at ₹1,438 cr, including non-recurring, one-time provisions of ₹340 cr. Its specific 'loan loss provisions' are at ₹1,341 cr.
