Axis Bank net up by 19 percent

Chennai, Oct 27 (IANS) Private sector Axis Bank on Tuesday said it closed the second quarter of the current fiscal with 19 percent growth in net profit.

In a regulatory filing with BSE, Axis Bank said it had posted a net profit of Rs.1,915.64 crore for the quarter ended September 30, 2015 — up from Rs.1,610.71 crore posted during the corresponding period of the previous year.

The bank’s total income increased to Rs.12,001 crore for the quarter ended September 30, 2015 from Rs.10,549.97 crore for the quarter ended September 30, 2014.

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