Axis Bank Ltd Q3FY25; 4.1% rise in Profits

Axis Bank Ltd Q3FY25; 4.1% rise in Profits

Company Overview:

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 reported Total revenue for Q3FY25 of ₹ 38,959 Crore up from ₹35,136 Crore in Q2FY24, a rise of 10.8% y-o-y.

Total Expense for Q3FY25 of ₹27,712 Crore up from ₹25,400 Crore in Q3FY24, a rise of 9.1% y-o-y.

Net Profit of ₹ 6,742 Crore up 4.1% from ₹6,493 Crore in Q3FY24.

Earnings per Share is ₹21.79, up 3.5% from ₹21.06 in Q3FY24.

Tags: Banking
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