Axis Bank reported a standalone net profit of Rs 5,797.10 crore for the quarter ended June 2023, up 40% year-on-year (YoY) over Rs 4,125.26 crore profit reported by the company in the corresponding period of the last financial year. An ET NOW poll of analysts had anticipated the profit figure at Rs 6,000 crore.
Axis Bank Q1 Results: Its gross NPA and net NPA levels as on June 30, 2023, stood at 1.96 per cent and 0.41 per cent, respectively, as against 2.02 per cent and 0.39 per cent as on March 31, 2023