New Delhi, April 25 -- Axis Bank share price declined over 4% on Friday after the company reported its Q4 results. Axis Bank shares fell as much as 4.58% to Rs.1,151.95 apiece on the BSE.
India's fourth largest private sector lender, Axis Bank reported a standalone net profit of Rs.7,117.50 crore for the March quarter of FY25, registering a fall of 0.2% from Rs.7,129.67 crore in the year-ago period.
The bank's net interest income (NII) in Q4FY25 grew 6% to Rs.13,811 crore. The net interest margin (NIM) slipped to 3.97% for the quarter from 4.06%, year-on-year (YoY).
Axis Bank's total advances increased 8% YoY to Rs.10.4 lakh crore, while deposits grew 10% YoY to Rs.11.7 lakh crore during the March 2025 quarter.
"Axis Bank reported str...
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