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Axis Bank - Quaterly Results

26 Jul 2023 Evaluate
The sales surged to Rs. 255567.70 millions, up 36.46% for the June 2023 quarter as against Rs. 187286.50 millions during the corresponding quarter previous year.A good growth in profit of 40.53% reported to Rs. 57971.00  millions over Rs. 41252.60 millions of corresponding previous quarter.


(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 728.10
ICICI Bank 1396.80
Axis Bank 1286.45
Kotak Mahindra Bank 446.00
Indusind Bank 874.00
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