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Axis bank Q1 net profit dips 46.3%

Jul 31, 2018 13:28 IST

Axis bank's first-quarter net profit dipped 46.3% to Rs 701 crore on the back of higher provisions and lower other income. The bank’s net profit was Rs 1,305 crore in the same quarter last year. The bank had reported a Rs 2,188 crore in the January-March quarter

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