Axis Bank reports 19% rise in Q2 consolidated net profit

Ace News

17th Oct 2024

Axis Bank has reported results for second quarter ended September 30, 2024 (Q2FY25). 

The bank has reported 17.98% rise in its net profit at Rs 6917.57 crore for the quarter ended September 30, 2024 as compared to Rs 5863.56 crore for the same quarter in the previous year. Total income of the bank increased by 17.31% at Rs 37141.71 crore for Q2FY25 as compared to Rs 31660.26 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 19.16% rise in net profit at Rs 7408.90 crore for Q2FY25 as compared to Rs 6217.68 crore for the same quarter in the previous year. Total income of the bank increased by 18.36% at Rs 39203.77 crore for Q2FY25 as compared to Rs 33122.23 crore for the corresponding quarter previous year.