Axis Bank's net profit increased by 23.62%to Rs 1,102.27 crore for the quarter ended December 31, 2011, from Rs 891.36 crore in the corresponding year-ago quarter, on the back of robust growth in both interest and fee income. Total income rose 44.54% to Rs 7,206.77 crore for the quarter under review from Rs 4,986 crore for the same quarter last year.
The bank’s gross NPA for the December quarter of the current fiscal stood at 1.10%, while the same was at 1.09% for the corresponding quarter of the previous fiscal. Meanwhile, bank’s Net NPA stood at 0.39% as compared to 0.29% in the same quarter of the previous year.
| Company Name | CMP |
|---|---|
| HDFC Bank | 781.20 |
| ICICI Bank | 1264.80 |
| Axis Bank | 1269.40 |
| Kotak Mahindra Bank | 380.75 |
| Indusind Bank | 949.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: