Axis Bank Q1 net jumps 70%

Axis Bank Q1 net jumps 70%
PTI
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First Published: Mon, Jul 13 2009. 04 39 PM IST
Updated: Mon, Jul 13 2009. 04 39 PM IST
Mumbai: Private sector lender Axis Bank on Monday reported a 70% jump in its net profit at Rs562.04 crore for the first quarter ended 30 June, 2009, over the corresponding period a year ago.
The company had a net profit of Rs330.14 crore during the June quarter a year earlier (2008-09), Axis Bank said in a filing to the Bombay Stock Exchange.
Total income of the bank also rose to Rs3,864.13 crore during the first quarter of the current fiscal (2009-10) from Rs2,891.24 crore in the corresponding period a year ago.
Shares of Axis bank were trading at Rs731.80, down 1% in late afternoon trade on the BSE.
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First Published: Mon, Jul 13 2009. 04 39 PM IST