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Axis Bank Reports Flat Profit

Business Standard

|

April 25, 2025

Higher loan loss provisions take a toll in Q4

- ANJALI KUMARI

Axis Bank Reports Flat Profit

Axis Bank on Thursday reported a net profit of ₹7,118 crore for the January-March quarter (Q4) of 2024-25 (FY25), nearly flat numbers when compared to its net profit of ₹7,129 crore in the year-ago period. The flat numbers were mainly due to higher loan loss provisions and lower trading income. Trading income for the quarter stood at ₹173 crore, down from ₹1,021 crore in the corresponding quarter previous year.

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