SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Axis Bank reports 13% fall in Q1 consolidated net profit

22 Jul 2020 Evaluate

Axis Bank has reported results for first quarter ended June 30, 2020.

The bank has reported 18.82% fall in its net profit of Rs 1112.17 crore for the quarter under review as against Rs 1370.08 crore for the same quarter in the previous year. However, total income of the bank marginally increased to Rs 19125.57 crore for Q1FY21 as compared Rs 19123.71 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 12.83% fall in its net profit at Rs 1099.52 crore for the quarter under review as against Rs 1261.40 crore for the same quarter in the previous year. However, total income of the bank increased by 0.27% at Rs 19461.77 crore for Q1FY21 as compared Rs 19409.09 crore for the corresponding quarter previous year.

Axis Bank Share Price

1267.70 -27.70 (-2.14%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 771.20
ICICI Bank 1262.75
Axis Bank 1267.70
Kotak Mahindra Bank 382.65
Indusind Bank 915.55
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×