Axis bank posted Q2 results with net profit up 21.2% to 1362.3 Crore from 1123.54 crore YoY.
Interest income rises from Rs 2,327 crore to Rs 2,937 crore i.e. upside of 26%.
Gross NPAs climbed to Rs 2,734.5 crore against 2191.01 crore YoY and in Previous quarter NPA was 2489.68 Cr.Gross NPA rises from 1.10 % to 1.19% i.e. upside of 9 Basis point and Net NPS rises from 0.33% to 0.37 %. Non Performing assets rises from 654.24 cr to 838.27 crore. Tax Expenses rises from 545.30 crore to 700 crore YoY.
Other income rises from 1593.06 crore to 1766.09 crore.
during this Quarter Axis Bank Infused 50 crore in Axis Bank Capital.
Axis bank is India's third largest bank.
For balance sheet please visit at:- http://www.moneycontrol.com/livefeed_pdf/Oct2013/AXIS_Bank_Ltd_171013.pdf