Company Overview:
Incorporated in December 1993, Axis Bank Limited is 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 a Total Revenue for Q2FY25 of ₹ 39,203 Crore up from ₹37,795 Crore quarter on quarter, a rise of 3.7%.
Total Expenses for Q2FY25 of ₹ 27,751 Crore up from ₹ 27,051 Crore quarter on quarter, a rise of 2.6%.
Net Profit of ₹ 7,408 Crores up 14.8 % from ₹ 6,450 Crore, when compared to the previous quarter (Q1FY25).
The Earnings per Share is ₹23.94, up 14.8% from ₹20.84, when compared to the previous quarter (Q1FY25).