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Axis Bank profit falls 4% as provisions, NPAs grow
Financial Express Hyderabad
|July 18, 2025
AXIS BANK ON Thursday reported a fall of 4% in its net profit for the quarter ended June to ₹5,806 crore, missing analysts' estimates.
AXIS BANK ON Thursday reported a fall of 4% in its net profit for the quarter ended June to ₹5,806 crore, missing analysts' estimates. The fall was due to a sharp rise in provisions and a deterioration in the asset quality.
The lender, however, posted a reasonably strong 14% on-year growth in the operating profit to ₹11,515 crore even though the net interest income was up just 1% on year at ₹13,560 crore. The net interest margin moderated to 3.80% from 3.97% a quarter ago.
यह कहानी Financial Express Hyderabad के July 18, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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