Moneycontrol.com·1 min read·medium
Axis Bank Q1 profit rises 23% to Rs 7,114 crore; NII grows 8%, asset quality improves
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Axis Bank reported a 23 percent year-on-year increase in net profit for the June quarter, reaching Rs 7,114 crore. The growth was supported by an 8 percent rise in net interest income and a notable improvement in asset quality, with gross NPA falling to 1.28 percent.
Axis Bank Q1 FY27 Results: Axis Bank reported a 23 percent year-on-year increase in June quarter net profit to Rs 7,114 crore, as net interest income grew 8 percent and asset quality improved. Gross NPA declined to 1.28 percent. Axis Bank Axis Bank Q... [461 chars]
businesseconomy
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