Axis Finance standalone net profit rises 49.91% in the March 2022 quarter

Sales rise 49.09% to Rs 428.97 crore

Net profit of Axis Finance rose 49.91% to Rs 97.59 crore in the quarter ended March 2022 as against Rs 65.10 crore during the previous quarter ended March 2021. Sales rose 49.09% to Rs 428.97 crore in the quarter ended March 2022 as against Rs 287.72 crore during the previous quarter ended March 2021.

For the full year,net profit rose 77.96% to Rs 346.34 crore in the year ended March 2022 as against Rs 194.62 crore during the previous year ended March 2021. Sales rose 46.79% to Rs 1510.67 crore in the year ended March 2022 as against Rs 1029.16 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales428.97287.72 49 1510.671029.16 47 OPM %77.6277.88 -77.2173.64 - PBDT134.0689.51 50 474.22268.14 77 PBT130.6587.86 49 464.03262.33 77 NP97.5965.10 50 346.34194.62 78

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