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Axis Bank Ltd Q3FY24; 5% rise in Profits

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.

Financial Results:

Axis Bank Ltd reported Revenues for Q3FY24 of ₹28,865.00 Crores up from ₹22,843.00 Crore year on year, a rise of 26.36%.

Total Expenses for Q3FY24 of ₹26,449.00 Crores up from ₹19,671.00 Crores year on year, a rise of 34.46%.

Consolidated Net Profit of ₹6,520.00 Crores up 4.91% from ₹6,215.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹21.05, up 4.62% from ₹20.12 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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