Private sector lender Axis Bank recorded a 31.95 per cent rise in its standalone net profit at Rs 531.64 crore for the second quarter ended September 30, 2009, as compared to Rs 402.91 cr in the same period a year ago.
The total income increased 21.19 per cent to Rs 3,925.94 crore for the quarter ended September 30, 2009 as compared to Rs 3,239.45 crore for the quarter ended September 30, 2008.
On half-yearly basis, the bank posted 49.19 per cent increase in its net profit at Rs 1,093.68 crore as against Rs 733.05 crore in the year-ago period.
The bank's stocks settled with a gain of 1.7 per cent at Rs 1,013 on the Bombay Stock Exchange today.