The three brokerages, ICICI Securities, IDBI Capital, Systematix remain positive on Axis Bank despite pressure on margins and operating expenses during the September quarter. The private lender reported a 37.6% YoY increase in net profit to Rs 7,003 crore, supported by lower provisions.
The three brokerages, ICICI Securities, IDBI Capital, Systematix remain positive on Axis Bank despite pressure on margins and operating expenses during the September quarter. The private lender reported a 37.6% YoY increase in net profit to Rs 7,003 crore, supported by lower provisions.
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