Axis Bank Q3 results: Asset quality improves, profit increases by 4%, and meets street estimates

Axis Bank Q3 results: Asset quality improves, profit increases by 4%, and meets street estimates

Axis Bank Q3 results: In the December quarter, asset quality as indicated by gross non-performing assets as a percentage of total advances improved. On Tuesday, Axis Bank Ltd reported a standalone profit of Rs 6,071.10 crore for the December quarter, marking a 4 percent year-on-year increase from Rs 5,853.07 crore. Net interest income (NII) grew…

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