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Axis Bank - Quaterly Results

26 Jul 2023 Evaluate
The Sales for the quarter ended June 2023 of Rs. 255567.70 millions rose by 36.46% from Rs. 187286.50 millions.The company has announced a 40.53% increase in its profits to Rs . 57971.00  millions for the  quarter ended June 2023 compared to Rs. 41252.60 millions in the corresponding quarter in the previous year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 255567.70 187286.50 36.46 255567.70 187286.50 36.46 851637.70 673768.30 26.40
Other Income 50872.70 29283.80 73.72 50872.70 29283.80 73.72 165008.70 152205.40 8.41
Interest Expended 135980.00 93446.40 45.52 135980.00 93446.40 45.52 422180.20 342446.10 23.28
Operating Expenses 82316.80 82316.80 28.11 82316.80 64253.90 28.11 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 10348.80 3593.60 187.98 10348.80 3593.60 187.98 26526.40 73594.50 -63.96
Tax 19823.80 14023.80 41.36 19823.80 14023.80 41.36 73261.70 43570.80 68.14
PAT 57971.00 41252.60 40.53 57971.00 41252.60 40.53 95796.80 130254.80 -26.45
Equity 6159.50 6142.90 0.27 6159.50 6142.90 0.27 6153.70 6139.50 0.23
OPM 34.49 31.43 9.72 34.49 31.43 9.72 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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