Axis Bank standalone net profit declines 43.13% in the March 2017 quarter

Total Operating Income rise 2.47% to Rs 11168.15 crore

Net profit of Axis Bank declined 43.13% to Rs 1225.10 crore in the quarter ended March 2017 as against Rs 2154.28 crore during the previous quarter ended March 2016. Total Operating Income rose 2.47% to Rs 11168.15 crore in the quarter ended March 2017 as against Rs 10898.96 crore during the previous quarter ended March 2016.

For the full year,net profit declined 55.26% to Rs 3679.28 crore in the year ended March 2017 as against Rs 8223.66 crore during the previous year ended March 2016. Total Operating Income rose 8.67% to Rs 44542.16 crore in the year ended March 2017 as against Rs 40988.04 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income11168.1510898.96 2 44542.1640988.04 9 OPM %46.7463.15 -45.4166.31 - PBDT1793.493230.20 -44 5467.5612393.75 -56 PBT1793.493230.20 -44 5467.5612393.75 -56 NP1225.102154.28 -43 3679.288223.66 -55

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