The company's consolidated revenue fell 1% to 223.02 billion rupees ($2.65 billion) in the July-September quarter, but was above analysts average estimate of 222.58 billion rupees, as per LSEG data. ($1 = 84.0340 Indian rupees)

The country's fourth-largest private lender by market capitalisation said its standalone net profit - which excludes its subsidiaries - rose 18% to 69.18 billion rupees ($823.25 million) for the quarter ended Sept.

The bank reports robust net interest income (NII) of ₹13,004 crore, reflecting a 14.2% year-on-year growth. Profit before provisions and tax (PBT) also beats expectations, rising 24%. With improved asset quality and a slight increase in provisions,

Axis Bank announced a larger-than-expected increase in second-quarter profit, buoyed by strong core lending income and rising credit demand. The fourth-largest private lender in India, by market capitalization,

India's Axis Bank reported a bigger-than-expected rise in second-quarter profit on Thursday, helped by higher core lending income on the back of strong credit demand. The country's fourth-largest private lender by market capitalisation said its standalone net profit - which excludes its subsidiaries - rose 18% to 69.

Axis Bank on Thursday posted an 18% jump in its net profit for the second quarter of the financial year, beating analyst estimates. What Happened: The private lender's net profit came in at ₹6,917.57 crore for the quarter ended September 30,

Axis Bank on Thursday reported an 18 per cent growth in net profit to Rs 6,918 crore in the second quarter ended September 2024