Categories: Business

Axis Bank Q4FY26 net profit marginally down at Rs 7071 crore on prudential provisions

Axis Bank’s Q4 FY26 net profit dipped slightly to Rs 7,071 crore, impacted by higher provisioning and lower trading gains. Despite this, core interest income saw steady growth, fueled by a significant 19% rise in net advances, particularly in corporate and SME segments. The bank also reported improved asset quality and strong capital adequacy ratios.

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4 months ago

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