Categories AlphaGraphs, Earnings, Finance, Trending Stocks
Axis Bank Ltd. Q2FY23; Remarkable 70% Growth in Profits
Axis Bank Ltd‘s Net Interest Income for Q2 FY23 has increased by 31% YoY to ₹ 10,360 crores. Net Profit rose by 70% YoY to ₹ 5,330 crores. Operating Profit grew by 30% YoY for Q2 FY 2023.
Return on Assets grew to 1.9%. In this quarter’s results, it is evident that the reason for the operating profit YoY growth to be 30% while Net Profts YoY growth to 70% is the significant reduction in Provisions and Contingencies by about 69% YoY.
To further read about this company, check out this link.
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Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
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