Axis Bank Q3 Results: Net Profit Soars 62% YoY To ₹5,853 Crore, Beats Estimates | Power Breakfast

Axis Bank reported a net profit of Rs 5,853 crore for the December quarter (Q3FY23), a growth of 62 percent year-on-year, beating street estimates comfortably.

The private sector lender's net interest income rose 32 percent year-on-year to Rs 11,459 crore on the back of a strong 15 percent loan growth and an expansion in net interest margins.

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