Axis Bank Ltd.

Axis Bank has reported results for fourth quarter and year ended March 31, 2014.

The bank has reported a rise of 18.47% in its net profit after tax at Rs 1842.32 crore for the quarter ended March 31, 2014 as compared to Rs 1555.15 crore for the same quarter in the previous year. Total income of the bank has increased by 12.41% at Rs 10178.63 crore for quarter under review as compared to Rs 9054.72 crore for the quarter ended March 31, 2013.

For the full year ended March 31, 2014, the bank has reported a rise of 20.05% in its net profit after tax at Rs 6217.67 crore as compared to Rs 5179.43 crore for FY13. Total income has increased by 12.78% at Rs 38046.38 crore for year under review as compared to Rs 33733.68 crore for the year ended March 31, 2013.

For the year ended March 31, 2014, on the consolidated basis, the group has posted a rise of 20.54% in its net profit after tax, minority interest and share of profit / (loss) of associate at Rs 6310.12 crore as compared to Rs 5234.76 crore in FY13. Total income of the bank has increased by 13.13% at Rs 38502.21 crore for year under review as compared to Rs 34034.78 crore for the year ended March 31, 2013.