Mumbai, April 24 -- Axis Bank on Thursday reported a marginal dip in its standalone net profit to Rs 7,118 crore for the quarter ended March 31, 2025 (Q4FY25), compared to Rs 7,130 crore in the same period last year. However, the private sector lender outperformed market expectations on the back of stronger core lending income.
The Mumbai-headquartered bank's total income for the March quarter rose 6 per cent to Rs 38,022 crore, up from Rs 35,990 crore in Q4FY24. Net interest income (NII) - the difference between interest earned and interest expended - climbed 5.5 per cent to Rs 13,811 crore during the quarter.
Interest earned on a standalone basis grew 6.9 per cent to Rs 31,242.51 crore, driven by a 5.3 per cent rise in interest on advan...