AXIS Bank has reported results for first quarter ended June 30, 2012.
On the standalone basis, the bank has posted a rise of 22.41% in its net profit at Rs 1153.52 crore for the quarter ended June 30, 2012 as compared to Rs 942.35 crore for the same quarter in the previous year. Total income has increased by 29.24% at Rs 7818.37 crore for quarter under review as compared to Rs 6049.27 crore for the quarter ended June 30, 2011.
Gross non-performing assets (NPAs) remained unchanged at 0.31% as compared to the same quarter of previous year.
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering large and mid-corporate, SME, agriculture and retail business.
| Company Name | CMP |
|---|---|
| HDFC Bank | 806.05 |
| ICICI Bank | 1382.90 |
| Axis Bank | 1369.80 |
| Kotak Mahindra Bank | 381.20 |
| Indusind Bank | 861.45 |
| 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: