Axis Bank Q1 standalone net jumps 95pc to Rs 1370cr
  • WebDesk BTVI
  • Jul 30 2019

Axis Bank reported a 95.4 per cent jump in standalone net profit to Rs 1,370.08 crore for the first quarter of 2019-20 aided by a healthy rise in income. The bank had posted a net profit of Rs 701.09 crore in the April-June quarter of the previous fiscal year. Total income (standalone) rose to Rs 19,123.71 crore for the June quarter of 2019-20 from Rs 15,702.01 crore in the year ago period, Axis Bank said in a regulatory filing.