Axis Bank's June-quarter profit rose on lower provisions and an 8 per cent increase in net interest income, even as margins narrowed and bad loans edged higher
Axis Bank reported better-than-expected June quarter earnings as higher net interest income and lower provisions lifted profit, while loan growth remained supported by improving credit demand
Axis Bank's results will likely focus on earnings momentum amid pressure on net interest margins. Analysts expect the bank to continue reporting healthy loan growth, supported by corporate lending.
Axis Bank reports marginal decline in Q4FY26 profit as higher provisions and trading losses weigh on earnings, even as advances, deposits, and asset quality metrics remain stable
Q4FY26 company results: Firms including RBL Bank, UCO Bank, SBFC Finance, MIC Electronics, and Sejal Glass are also to release their January-March earnings today
Axis Bank was seen trading below the 200-Day Moving Average after three months. More pain likely if the stock breaks below the weekly trend line support, which stands at ₹1,077; suggests tech charts.
Axis Bank Q3 results expectations: There are expectations that Axis Bank Q3 results could be a weak set of numbers, dragged by weak loan and deposit growth, margin pressure and poor asset quality
Axis Bank Q1 Results: In FY22, the bank doubled its net profit to Rs 13,025 crore. The operating profit of the bank grew by 13 per cent YOY & 5 per cent QOQ, in Q4FY22