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Indian lender Axis Bank misses Q3 profit view
Axis Bank Q3 Results Review: Earnings miss estimates; brokerages slash targets
Axis Bank Q3FY25 results miss estimates as net profit rises three-point eight three percent YoY. Slower credit, deposit growth, and rising slippages prompt brokerages to cut target prices.
Indian lender Axis Bank misses Q3 profit view as higher provisions weigh
India's Axis Bank reported a smaller-than-expected rise in third-quarter profit on Thursday, as it set aside more funds for potential bad loans amid a slight deterioration in asset quality. The country's fourth-largest private lender by market capitalisation said its standalone net profit - which excludes earnings of its subsidiaries - rose 4% to 63.
Analysts cut Axis Bank share target after Q3, but valuation lends comfort
The management believes FY25 credit growth will be anchored by deposit growth/LDR, which, analysts think, is still a challenge for Axis Bank
Axis Bank shares in focus after Q3 earnings miss estimates. Should you buy, sell, or hold?
Axis Bank reported a 3.8% increase in consolidated net profit for Q3 FY25. The net interest income grew by 9%, and operating profit rose 15%. Despite the positive outcomes, analysts highlighted concerns such as rising credit costs and slow deposit growth.
India's Axis Bank slips as Q3 profit misses market view
Shares of India's Axis Bank fell 3.7% on Friday, a day after the lender posted a smaller-than-expected quarterly profit increase, weighed down by slower loan growth and higher provisions set aside for potential bad loans.
Axis Bank Q3 net profit up 4 per cent, cautions on retail asset quality issues
Executives at the country’s third largest private sector lender said the bank sees a degree of indebtedness in certain segments of the borrowers, which led to taking a deliberate call on slowing loan
Shares plummet post Axis Bank Q3 results, profit growth slows
Axis Bank's shares drop 5.90% on NSE, Q3FY25 net profit rises 3.83%, provisions double, asset quality concerns grow.
Indian lender Axis Bank's Q3 profit rises on higher lending income
India's Axis Bank reported a 4% year-on-year rise in third-quarter profit on Thursday, helped by higher core lending income.
Axis Bank shares fall 4% after multiple price target cuts on weak Q3 results
Out of the 49 analysts who have coverage on Axis Bank, 40 of them have a "buy" rating, while the other nine have a "hold". The lender does not have any "sell" recommendations from analysts.
Axis Bank Q3 Results: Net profit surges 3.8% YoY to ₹6,304 crore, NII up 8.6%
Results: Private lender Axis Bank on Thursday, reported a standalone net profit increase of 3.8%, reaching ₹6,304 crore in December 2024, compared to a profit after tax (PAT) of ₹6,071 crore in the corresponding quarter of the previous financial year.
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on MSN
Axis Bank share price falls over 5% to 52-week low as Q3 results miss estimates, brokerages cut target price
Axis Bank's shares dropped 5% to a 52-week low following disappointing Q3FY25 results. Despite a 3.83% YoY rise in net profit ...
India Today on MSN
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Axis Bank shares drop 6% to hit 52-week low. Should you buy?
The stock closed at Rs 1,040.20 in the previous session, opened at Rs 1,006.95 on Friday and slid further to Rs 974.45 on the ...
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Axis Bank Q3: Brokerages cut target prices, expect credit, deposit growth to slow
Brokerages rushed to cut their target price on Axis Bank shares following its Q3 results, amid higher slippages and tight ...
2h
on MSN
Axis Bank Q3 FY25 Preview: Earnings growth likely to be muted amid weak loan growth, elevated provisions
FY25 results likely to show muted growth as weak loan expansion, declining margins, and elevated provisions weigh on earnings ...
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on MSN
Axis Bank Shares Plummet Over 5% After Private Lender's PAT Drops 8.8% Sequentially; NII Stands Flat At ₹13,606
Private lending giant Axis Bank shares were plummeting down more than 5 per cent after the bank declared their financials for ...
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