Axis Bank today reported a jump of 31.85 per cent in its net profit to Rs 741.88 crore for the quarter ended June 30, 2010, over the same period last year.
However, the bank had a net profit of Rs 562.04 crore in the June quarter of the previous fiscal, Axis Bank said in a filing to the Bombay Stock Exchange.
The total income of the bank rose to Rs 4,326.37 crore during the quarter, from Rs 3,864.13 crore in the same period in the previous fiscal.
Shares of Axis Bank touched a year-high of Rs 1,344.50 on the BSE, up 2.3 per cent from the previous close.