Monday, April 21, 2008

Axis Bank's Result

Axis Bank has announced its Q4 and FY08 numbers. It has reported 70.55% growth in its Q4 standalone net profit of Rs 361.4 crore as against Rs 211.9 crore in the same quarter of earlier year.
Standalone net interest income went up by 78.57% at Rs 828.4 crore from Rs 464.2 crore. Other income increased at Rs 556 crore from Rs 301 crore.

FY08 consolidated net interest income stood at Rs 2,585.2 crore versus Rs 1,567.2 crore and net profit at Rs 1,059.1 crore versus Rs 654.3 crore.
Resources - Indiaearnings.com



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