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Axis Bank Q3 Results Review - Earnings Momentum Steady; Margin Improves Further: Motilal Oswal

Axis Bank reported a profit after tax of Rs 58.5 billion (up 62% YoY, 4% beat), largely driven by a 12% beat in other income.

<div class="paragraphs"><p>An Axis Bank branch in Mumbai.&nbsp;(Photo: Vijay Sartape/ BQ Prime)</p></div>
An Axis Bank branch in Mumbai. (Photo: Vijay Sartape/ BQ Prime)
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 
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