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Axis Bank - Quaterly Results

27 Apr 2023 Evaluate
The Sales for the quarter ended March 2023 of Rs. 239697.60 millions rose by 34.84% from Rs. 177762.40 millions.The Net Loss for the quarter ended March 2023 is Rs. -57284.20 millions as compared to Net Profit of Rs. 41177.70 millions of corresponding quarter ended March 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Interest Earned 239697.60 177762.40 34.84 851637.70 673768.30 26.40 851637.70 673768.30 26.40
Other Income 48953.20 42233.40 15.91 165008.70 152205.40 8.41 165008.70 152205.40 8.41
Interest Expended 122276.00 89571.20 36.51 422180.20 342446.10 23.28 422180.20 342446.10 23.28
Operating Expenses 74698.70 74698.70 13.58 273983.10 236107.50 16.04 273983.10 236107.50 16.04
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 3057.70 9872.30 -69.03 26526.40 73594.50 -63.96 26526.40 73594.50 -63.96
Tax 21004.40 13609.80 54.33 73261.70 43570.80 68.14 73261.70 43570.80 68.14
PAT -57284.20 41177.70 -239.11 95796.80 130254.80 -26.45 95796.80 130254.80 -26.45
Equity 6153.70 6139.50 0.23 6153.70 6139.50 0.23 6153.70 6139.50 0.23
OPM 38.25 36.37 5.15 37.63 36.72 2.48 37.63 36.72 2.48
Peers
Company Name CMP
HDFC Bank 735.80
ICICI Bank 1326.50
Axis Bank 1220.00
Kotak Mahindra Bank 403.40
Indusind Bank 912.50
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