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Axis Bank - Quaterly Results

25 Oct 2023 Evaluate
A decent increase of about 31.56% in the sales to Rs. 266261.80 millions was observed for the quarter ended September 2023. The sales figure stood at Rs. 202389.30 millions during the year-ago period.Profit saw a slight increase of 10.02%to Rs. 58635.60  millions from Rs. 53297.70 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Interest Earned 266261.80 202389.30 31.56 521829.50 389675.80 33.91 851637.70 673768.30 26.40
Other Income 50340.80 38554.00 30.57 101213.50 67837.80 49.20 165008.70 152205.40 8.41
Interest Expended 143116.20 98786.70 44.87 279096.20 192233.10 45.19 422180.20 342446.10 23.28
Operating Expenses 87167.80 87167.80 34.12 169484.60 129248.40 31.13 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 8145.60 5497.80 48.16 18494.40 9091.40 103.43 26526.40 73594.50 -63.96
Tax 19537.40 18366.60 6.37 39361.20 32390.40 21.52 73261.70 43570.80 68.14
PAT 58635.60 53297.70 10.02 116606.60 94550.30 23.33 95796.80 130254.80 -26.45
Equity 6163.50 6144.60 0.31 6163.50 6144.60 0.31 6153.70 6139.50 0.23
OPM 32.42 38.13 -14.97 33.43 34.91 -4.23 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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