{"id":150061,"date":"2023-07-26T11:44:03","date_gmt":"2023-07-26T15:44:03","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150061"},"modified":"2023-07-26T11:44:05","modified_gmt":"2023-07-26T15:44:05","slug":"axis-bank-ltd-q1fy24-39-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/axis-bank-ltd-q1fy24-39-rise-in-profits\/","title":{"rendered":"Axis Bank Ltd Q1FY24; 39% rise in Profits."},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<p class=\"has-vivid-cyan-blue-color has-text-color\" style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Axis Bank Ltd reported Revenues for Q1FY24 of \u20b926,246.00 Crores up from \u20b919,193.00 Crore year on year, a rise of 36.75%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b923,703.00 Crores up from \u20b916,733.00 Crores year on year, a rise of 41.65%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b96,113.00 Crores up 38.87% from \u20b94,402.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b919.78, up 38.71% from \u20b914.26 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-271-839x1024.png\" alt=\"\" class=\"wp-image-150063\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-271-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-271-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-271-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-271-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-271.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 Q1FY24 of \u20b926,246.00 Crores up from \u20b919,193.00 Crore year on year, a rise of 36.75%. [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":150063,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[151],"class_list":["post-150061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-banking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-271.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":149630,"url":"https:\/\/alphastreet.com\/india\/yes-bank-ltd-q1fy24-11-rise-in-profits\/","url_meta":{"origin":150061,"position":0},"title":"Yes Bank Ltd Q1FY24; 11% rise in Profits","author":"Chirag Gupta","date":"July 24, 2023","format":false,"excerpt":"Incorporated in 2003, Yes Bank Ltd is engaged in providing a wide range of banking and financial services Financial Results: Yes Bank Ltd reported Revenues for Q1FY24 of \u20b96,445.00 Crores up from \u20b95,135.00 Crore year on year, a rise of 25.51%. Total Expenses for Q1FY24 of \u20b97,175.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-142.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-142.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-142.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-142.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-142.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-142.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164384,"url":"https:\/\/alphastreet.com\/india\/yes-bank-ltd-q1fy24-11-rise-in-profits-2\/","url_meta":{"origin":150061,"position":1},"title":"Yes Bank Ltd Q1FY24; 11% rise in Profits","author":"Chirag Gupta","date":"September 17, 2024","format":false,"excerpt":"Incorporated in 2003, Yes Bank Ltd is engaged in providing a wide range of banking and financial services Financial Results: Yes Bank Ltd reported Revenues for Q1FY24 of \u20b96,445.00 Crores up from \u20b95,135.00 Crore year on year, a rise of 25.51%. Total Expenses for Q1FY24 of \u20b97,175.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-54.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-54.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-54.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-54.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-54.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-54.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153347,"url":"https:\/\/alphastreet.com\/india\/karnataka-bank-ltd-q1fy24-225-rise-in-profits\/","url_meta":{"origin":150061,"position":2},"title":"Karnataka Bank Ltd Q1FY24; 225% rise in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Karnataka Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business. Financial Results: Karnataka Bank Ltd reported Revenues for Q1FY24 of \u20b91,959.00 Crores up from \u20b91,629.00 Crore year on year, a rise\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-887.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-887.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-887.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-887.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-887.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-887.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149675,"url":"https:\/\/alphastreet.com\/india\/tamilnad-mercantile-bank-ltd-q1fy24-12-rise-in-profits\/","url_meta":{"origin":150061,"position":3},"title":"Tamilnad Mercantile Bank Ltd Q1FY24; 12% rise in Profits","author":"Chirag Gupta","date":"July 24, 2023","format":false,"excerpt":"Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs). 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Financial Results: Dhanlaxmi Bank Ltd reported Revenues for\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-430.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-430.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-430.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-430.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-430.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-430.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150412,"url":"https:\/\/alphastreet.com\/india\/dcb-bank-ltd-q1fy24-31-rise-in-profits\/","url_meta":{"origin":150061,"position":5},"title":"DCB Bank Ltd Q1FY24; 31% rise in Profits.","author":"Divyansh_Kasana","date":"July 28, 2023","format":false,"excerpt":"DCB Bank Limited is a new generation private sector bank with 352 branches across 19 states and 3 union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India. Financial Results: DCB Bank Ltd reported Revenues for Q1FY24 of \u20b91,238.00 Crores up from \u20b9949.00 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-375.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/150061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=150061"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/150061\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/150063"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=150061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=150061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=150061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}