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Axis Bank Ltd Q1FY25; 6% rise in Profits

Incorporated in December 1993, Axis Bank Limited is a private sector bank.It has the third-largest network of branches among private sector banks and an international presence through branches in DIFC (Dubai) and Singapore along with representative offices in Abu Dhabi, Sharjah, Dhaka and Dubai and an offshore banking unit in GIFT City.

Financial Results:

Axis Bank Ltd reported Revenues for Q1FY25 of ₹31,159.00 Crores up from ₹26,246.00 Crore year on year, a rise of 18.72%.

Total Expenses for Q1FY25 of ₹29,153.00 Crores up from ₹23,703.00 Crores year on year, a rise of 22.99%.

Consolidated Net Profit of ₹6,467.00 Crores up 5.79% from ₹6,113.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹20.83, up 5.31% from ₹19.78 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Banking
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