Axis Bank posted a 4% growth in net profit to Rs 6,304 crore for Q3 FY25, driven by a 9% rise in net interest income to Rs 13,483 crore. Retail asset quality challenges caused slippages of Rs 4,923 crore, lifting gross NPAs to 1.46%. The bank is tightening loan eligibility criteria amid macroeconomic pressures. Shares rose 1.25% to Rs 1,040.20 on BSE, reflecting moderate investor confidence.
