Axis Bank's Q1 net profit grew 18.3% to Rs 1666.7 crore compared to the same period last year. Total income rose 10.17% to Rs 99804.70 crore while net profit margin improved to 16.70% from 15.55% last year. However, capital adequacy ratio declined to 0.00% from 16.37% last year and net NPAs increased to Rs 11135.40 crore from Rs 7897.40 crore in the corresponding period. The bank's stock price closed at Rs 2001.15 on the BSE, 0.82% lower than the previous close.

1. Axis Bank Q1 Net jumps 18.3% to Rs 1666.7 crore
AxisBank | Quarterly Result ason 30-Jun-2014 | 23-Jul-2014
For the period, theAxis Bank reported Total Income of Rs 99804.70 million and Net Profit of Rs 16667.60 million. While Total Income rose by
10.17%, Net Profit grown by18.30% and therebyNPMimproved to 16.70% as compared to 15.55% during corresponding period previous FY.
EquityCapital for the period under consideration has increased by0.54% and stands at Rs 4713.70 million. EPS as on 30-Jun-2014 stands
at Rs 35.41 viz-a-vizRs 30.07 as on 30-Jun-2013.
While Capital Adequacy Ratio declined at 0.00 viz-a-viz 16.37 during corresponding period last FY. Net NPAs increased to Rs 11135.40
million as compared to Rs 7897.40 million during corresponding period last FY.
The stock of theAxis Bank at BSE opened at 2016.00 touched a high 2042.95 and low 1985.05 before closing at 2001.15 losing 0.82% over
previous close. The trading volume for the stock at BSEstood at 232320 shares and at NSEstood at 1739747 shares.
BSE NSE
The stock shares 2.95% weight in S&P BSE Sensex. The S&P BSE Sensexclosed todayat 26147.33 (0.47% gain) and CNXNiftyclosed at
7795.75 (0.36%gain).
View Detailed Result
Follow us on This content is generated at www.finalaya.com and is governed by the Terms of Use.