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Axis Bank Ltd.
BSE: 532215 | NSE: AXISBANK
Large Cap | Bank - Private
1274.95
-18.15 (-1.40%) AXIS Bank reports 19% rise in Q1 net profit
Date: 24-07-2015AXIS Bank has reported results for first quarter ended June 30, 2015.
The bank has reported 18.70% rise in its net profit at Rs 1978.44 crore for the quarter ended June 30, 2015 as compared to Rs 1666.76 crore for the same quarter in the previous year. Total income of the bank has increased by 22.58% at Rs 12234.41 crore for quarter under review as compared to Rs 9980.47 crore for the quarter ended June 30, 2014.
The bank’s gross NPA for the April-June quarter of the current fiscal increased to 1.38%, as compared to 1.34% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 0.48% in Q1FY16.