Axis Bank - One-Offs Aid Earnings; Provisioning Buffer Fortified
Axis Bank (AXSB) reported 2QFY25 net profit of INR69.2b (up 18% YoY, 4% beat) as tax reversals and treasury gains offset higher provisions.
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Axis Bank - Another Soft Quarter Marked with Slower Growth, Higher NPAs
Axis Bank reported another soft quarter with credit growth slipping to 11% YoY, while higher slippages/w-offs led to elevated provisions (including...
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Axis Bank - Business Growth Soft; Retail Slippages Elevated but Overall Asset Quality Stable
Despite 9% YoY growth in NII, Axis Bank (Axis) reported Q2FY25 PAT of INR 69.2bn, up 18% YoY, driven by strong treasury gains (INR 11.1bn) and...
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Quarterly Flipbook: Diminishing growth, downgrades intensify across sectors
The aggregate performance of the Q3FY25 earnings season was subdued, in line with expectations, but reflected marginal improvement on a QoQ basis,...
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HSIE Results Daily: Reliance Industries, Infosys, Axis Bank, LTIMindtree, Mastek
Reliance Industries: Our ADD rating on Reliance Industries (RIL) with a price target of INR 1,670/sh is premised on (1) recovery in the O2C...
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