Axis Bank Q2 profit rises 18%, NII up 9%
Business Standard|October 18, 2024
Axis Bank on Thursday reported an 18 per cent year-on-year (Y-o-Y) jump in its net profit in the second quarter of financial year 2025 (Q2FY25), aided by robust increase in other income, including fee and trading income. Net profit for the quarter stood at ₹6,918 crore against ₹5,864 crore in the corresponding quarter a year ago.
SUBRATA PANDA
Axis Bank Q2 profit rises 18%, NII up 9%

Its net interest income (NII) stood at ₹13,483 crore, up 9 per cent Y-o-Y, aided by healthy growth in advances. Meanwhile, net interest margin - a measure of profitability for banks - came in at 3.99 per cent compared to 4.05 per cent in the previous quarter, and 4.11 per cent in Q2FY24.

هذه القصة مأخوذة من طبعة October 18, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 18, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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