Reply To: Axis Bank Q4 Preview Indicates Muted Profitability

#10173

Sonu
Administrator

Axis Bank reported a Q4 net profit of ₹7,118 crore, marginally lower year-on-year but ahead of market expectations. Asset quality improved, with gross NPAs reducing to 1.28%. The board approved a Re 1 per share dividend and cleared a ₹55,000 crore fundraising plan. The results reflect a stable performance despite a challenging environment.