Business Today
Loading...

Axis Bank Q2 net profit up 38% to over Rs 735 cr

The private sector lender earned a net profit of Rs 735.14 crore for the second quarter ended September 30, against Rs 531.64 crore in the July-September quarter of the 2009-10.

twitter-logo PTI   Mumbai     Last Updated: October 19, 2010  | 11:17 IST

Private sector lender Axis Bank on Thursday reported a growth of 38.28 per cent in its net profit at Rs 735.14 crore for the second quarter ended September 30.

It had a net profit of Rs 531.64 crore in the July-September quarter of the 2009-10 financial year, the bank said in a filing to the Bombay Stock Exchange.

Axis Bank reported total income of Rs 4,657.49 crore for the second quarter of 2010-11, up 18.63 per cent from Rs 3,925.94 crore in the year-ago period.

It's revenue from treasury segment went up 22.45 per cent to Rs 5,746.18 crore for the quarter ended September 30, as against Rs 4,692.74 crore in the same quarter last year.

The bank's revenue from the corporate or wholesale banking segment during the last quarter was Rs 2,722.44 crore, a growth of 37.42 per cent, over Rs 1,981.06 crore in the same quarter last financial year, Axis Bank said.

The lender's retail banking segment had a revenue of Rs 2,173.31 crore during the second quarter - a rise of 10.54 per cent over Rs 1,966.15 crore in the year-ago period.

Youtube
  • Print

  • COMMENT
BT-Story-Page-B.gif
A    A   A
close