Axis Bank Reports Strong Q1 Performance as Net Profit Surges 23% to ₹7,114 Crore Driven by Improved Asset Quality
Axis Bank has announced a robust set of financial results for the first quarter of the fiscal year, reporting a 23% year-on-year increase in net profit to ₹7,114 crore. This impressive growth was primarily fueled by steady core income expansion and a significant reduction in provisions, demonstrating the private lender’s resilient operational performance. The bank’s…
