Private sector lender Axis Bank today reported 18.2 per cent rise in net profit at Rs 1,610.71 crore for the second quarter ended September 2014-15.
The bank's net profit in the same quarter a year ago stood at Rs 1,362.31 crore.
Total income of the bank rose to Rs 10,549.97 crore during the July-September quarter of current fiscal, up from Rs 9,375.08 crore, it said in a filing to the BSE.
Bank's net non-performing assets (NPAs) or bad loans were increased to 0.44 per cent during the quarter, over 0.37 per cent in the corresponding period a year ago.
Gross NPAs were however trimmed to 1.34 per cent in the second quarter, over 1.19 per cent a year earlier.
Shares of Axis Bank settled 2.04 per cent higher at Rs 401.95 apiece on the BSE today.
