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Axis Bank Q4 Results: Net profit at Rs 7,118 crore, almost in line with estimates; Re 1 dividend declared

Axis Bank Q4 Results: Net profit at Rs 7,118 crore, almost in line with estimates; Re 1 dividend declared

Axis Bank Q4 FY25 Results: Private sector lender Axis Bank on Thursday reported a net profit of RsĀ 7,118 crore for the quarter ended March 31, almost unchanged from the corresponding period a year ago but slightly lower than analysts’ expectations.Ā 

Its net interest income–or the difference between the interest earned and the interest paid–increasedĀ 5.5 per cent on a year-on-year basis to RsĀ 13,811 crore.

According to Zee Business research, Axis Bank was estimated to report a net profit of RsĀ 7,190 crore with a net interest income of RsĀ 13,850 crore.Ā 

Catch keyĀ stock market updatesĀ here. For all other news, visitĀ Zeebiz.com.

Ā 

Doonited Affiliated: Syndicate News Hunt

This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited

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