Free Press Journal

Axis Bank Q3 profit rises by 14.5 percent



Mumbai- Axis Bank on Wednesday said it posted a net profit of Rs.2,175.3 crore for the quarter ending December 2015.

Net profit for the third quarter of 2015-16 increased by 14.5 percent, a rise of Rs.275.54 crore. It posted a net profit of Rs.1,899.76 crore in the year ago quarter.

According to the unaudited financial results posted on the Bombay Stock Exchange (BSE), total income for the bank rose to Rs.12,531.11 crore in Q3 2015-16 against Rs.10,928.81 crore clocked in Q3 2014-15.