Axis Bank Ltd.

NSE: AXISBANK | BSE: 532215 | ISIN: INE238A01034 | Industry: Banks
| Mid-range Performer
1225.1000 -8.40 (-0.68%)
NSE Jun 27, 2025 15:31 PM
Volume: 6.1M
 

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Axis Bank Ltd.
25 Apr 2019
1225.10
-0.68%
Arihant Capital
Axis Bank reported healthy performance during Q4FY19. Profit for the quarter came in at Rs 1505 cr against a loss of Rs 2189 cr in Q4FY18, largely due to sharp fall in provisions. Advances for the quarter grew 12.5% YoY leading to robust NII growth of 21% on YoY basis to Rs 5706 cr. Retail loan growth was 19% YoY which forms 50% of the total advances. Core operating profit growth was robust at 36% YoY to Rs 5014 cr, led by growth in NII and other income (27% YoY), while opex moderated to +10% YoY from +18% earlier. Fee-income for the quarter grew by 23% and contributed 86% in...
ICICI Securities Limited increased Buy price target of Axis Bank Ltd. to 1470.0 on 23 Jun, 2025.
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