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Axis Bank logs net loss of Rs 112 cr in Q2

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Axis Bank on Tuesday reported a net loss of Rs 112 crore in the September quarter, hurt by one-off DTA (deferred tax assets) adjustment of Rs Rs 2,138 crore.Profit before tax for Q2FY20 stood at Rs 2,433 crore, up 109 per cent year-on-year (YoY). The operating profit for Q2FY20 grew 45 per cent YoY to Rs 5,952 crore.

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