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![mupdatesbyscanx Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1926935883384553472.png) Market Updates by ScanX [@mupdatesbyscanx](/creator/twitter/mupdatesbyscanx) on x XXX followers
Created: 2025-07-17 12:27:49 UTC

Axis Bank (AXISBANK)
on NSE: 1159.80 (-0.74%)

Axis Bank Reports Steady Q1 Performance Amid Technical Impact on Asset Quality

View: Neutral

Axis Bank reported mixed Q1 results with operational growth but faced technical challenges in asset quality recognition. Operating profit rose XX% YoY to ₹11,515.00 crore, while net profit declined X% YoY to ₹5,806.00 crore due to higher provisions. The bank's GNPA ratio increased to XXXX% from XXXX% in the previous quarter, primarily due to technical impacts on cash credit and overdraft products. Despite these challenges, advances grew X% YoY, and total deposits increased X% YoY. The bank maintained a strong digital presence with a XX% market share in UPI Payer PSP space.

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#Stocks #Market #AXISBANK

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