Axis Bank Reports Q2 Earning, Abhishek Kothari Decodes The Numbers | Halftime Report | CNBC-TV18

Описание: Axis Bank — India's fifth largest bank by market value — on Thursday reported a net profit of Rs 5,329.8 crore for the July-September period, beating Street estimates by a huge margin. The quarterly net profit increased jumped more than 70 percent compared with the corresponding period a year ago, boosted by an all-round strong performance.

The lender's net interest income — or the difference between interest earned and interest paid — jumped 31 percent to Rs 10,360.2 crore compared with the year-ago period, according to a regulatory filing.

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