Axis Bank Oct-Dec net profit rises nearly 4% on year to INR 63.04 bln
This story was originally published at 15:57 IST on 16 January 2025
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MUMBAI - Axis Bank's net profit for the quarter ended December was INR 63.04 billion, up nearly 4% from INR 60.71 billion in the corresponding quarter of the previous year. The private sector bank's total income for the quarter rose 10.2% to INR 369.26 billion from INR 335.16 billion a year ago.
* Axis Bank Oct-Dec net profit INR 63.04 bln vs INR 60.71 bln year ago
* Analysts saw Axis Bank Oct-Dec net profit INR 64.43 bln
* Axis Bank Oct-Dec total income INR 369.26 bln vs INR 335.16 bln year ago
* Axis Bank gross NPA ratio 1.46% as on Dec 31 vs 1.44% quarter ago
* Axis Bank Oct-Dec provisions INR 21.56 bln vs INR 10.28 bln year ago
* Axis Bank net NPA ratio 0.35% as on Dec 31 vs 0.34% quarter ago
* Axis Bank Basel-III capital adequacy ratio 17.01% as on Dec 31
* Axis Bank Apr-Dec net profit INR 192.56 bln vs INR 177.32 bln year ago
* Axis Bank Apr-Dec total income INR 1.10 tln vs INR 958.20 bln year ago
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