Axis Bank Q1 Results FY2024: A Detailed Analysis
Axis Bank’ Q1 results presented a mixed picture. The bank reported a year-on-year (YoY) growth in net profit, but it fell short of analysts’ expectations. Key Highlights Asset Quality Axis Bank maintained a strong focus on asset quality. The Gross Non-Performing Assets (GNPA) ratio improved to 2.55%, down from 3.35% in Q1 FY2023. The Net