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Axis Bank Q4 profit flat at ₹7,117 cr

Financial Express Hyderabad

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April 25, 2025

AXIS BANK ON Thursday reported flat growth in its net profit at ₹7,117 crore in the fourth quarter of FY25 compared to ₹7,130 crore in the same quarter of FY24, impacted by muted growth in other income.

- SACHIN KUMAR

The profit number beat Street expectations as analysts polled by Bloomberg had estimated the bank to post ₹6,381-crore profit in the quarter.

Net interest income grew 6% to ₹13,811 crore in Q4 from ₹13,089 crore in the year-ago period.

Its other income went up marginally to ₹6,780 crore from ₹6,766 crore in the same quarter previous year, due to fall in trading income. Trading income declined by 83% to ₹173 crore during the quarter.

WEITERE GESCHICHTEN VON Financial Express Hyderabad

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Vi arm VITIL raises ₹3,300 cr

DEBT-RIDDEN VODAFONE Idea on Thursday said its subsidiary VITIL has completed a ₹3,300-crore fundraise by way of issuing non convertible debentures.

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'We are scaling up expansion at Flipkart Minutes'

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Outward FDI contracts in Nov

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ECB holds policy rates steady, turns positive on economy

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‘Consumer durables, education & travel lift credit card spending'

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Securities market Bill in LS

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Mohun Bagan suspended, fined over $100Kby AFC

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More pressure likely for GIC Re

THE REDUCTION IN capital requirements for foreign reinsurance branches (FRBs) under the latest Insurance Amendment Bill is expected to attract more overseas players into the ₹98,000-crore domestic reinsurance market.

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‘Bike taxis have huge headroom to grow’

Uber India's two-wheeler business is now its fastest-growing segment.

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IndiGo to face CCI probe over flight cancellations

THE COMPETITION COMMISSION of India (CCI) on Thursday said it has decided to begin an inquiry into IndiGo after receiving a complaint related to the recent flight disruptions.

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