Axis Bank - Quaterly Results
Date: 23-01-2024
The sales moved up 25.80% to Rs. 279611.40 millions for the December 2023 quarter as compared to Rs. 222264.30 millions during the year-ago period.Net profit for the quarter ended December 2023 increases to Rs. 60711.00 millions from Rs. 58530.70 millions.
| | Quarter ended | Year to Date | Year ended |
| | 202312 | 202212 | % Var | 202312 | 202212 | % Var | 202303 | 202203 | % Var |
| Interest Earned | 279611.40 | 222264.30 | 25.80 | 801440.90 | 611940.10 | 30.97 | 851637.70 | 673768.30 | 26.40 |
| Other Income | 55548.20 | 45718.40 | 21.50 | 156761.70 | 113556.20 | 38.05 | 165008.70 | 152205.40 | 8.41 |
| Interest Expended | 154289.90 | 107671.10 | 43.30 | 433386.10 | 299904.20 | 44.51 | 422180.20 | 342446.10 | 23.28 |
| Operating Expenses | 89457.30 | 89457.30 | 32.46 | 258941.90 | 196785.10 | 31.59 | 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 | 10283.40 | 14377.30 | -28.47 | 28777.80 | 23468.70 | 22.62 | 26526.40 | 73594.50 | -63.96 |
| Tax | 20418.00 | 19866.90 | 2.77 | 59779.20 | 52257.30 | 14.39 | 73261.70 | 43570.80 | 68.14 |
| PAT | 60711.00 | 58530.70 | 3.73 | 177317.60 | 153081.00 | 15.83 | 95796.80 | 130254.80 | -26.45 |
| Equity | 6168.00 | 6149.90 | 0.29 | 6168.00 | 6149.90 | 0.29 | 6153.70 | 6139.50 | 0.23 |
| OPM | 32.69 | 41.74 | -21.68 | 33.17 | 37.39 | -11.28 | 37.63 | 36.72 | 2.48 |