HDFC, Kotak, Axis Bank Q1 Results: Mixed Performance Reported

Three big banks, HDFC, Kotak Mahindra, and Axis, just shared how much money they made.

Kotak's profit went down a lot because they made a big sale last year.

HDFC made more money than before.

Axis Bank's profit went down because they started being stricter about bad loans.

All three banks saw their profit margins decrease.

All three banks also gave out more loans.