Axis Bank posts Rs 1,505 crore Q4 profit as provisions drop

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  • Axis Bank third-quarter profit more than doubles to Rs 1,681 crore, asset quality improves

    Axis Bank third-quarter profit more than doubles to Rs 1,681 crore, asset quality improves

    The Economic Times | A Times Internet Limited product

    Private lender Axis Bank on Tuesday reported 131 per cent year-on-year (YoY) surge in standalone profit at Rs 1,681 crore. The bank had posted a profit of Rs 726 crore in the year ago period. Analysts in an ET NOW poll had projected the profit at Rs 1,235 crore. Miscellaneous Income for the quarter jumped to Rs 1,007 crore from Rs 148 crore in the year-ago quarter.

    By The Economic Times| 1563 views

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  • PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    Punjab National Bank on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on big slump in provisions. The public sector lender had reported a loss of Rs 940 crore in the corresponding quarter last year. Analysts in an ET NOW poll projected a loss of Rs 350 crore. Provisions and contingencies declined sharply by 64.86 per cent on a yearly basis to Rs 2,023.31 crore over Rs 5,758.16 crore. The number declined 80 per cent sequentially.




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    Watch PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions With HD Quality

    By The Economic Times| 9855 views

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  • Axis predicts huge win for BJP in UP;we can trust because Axis has been accurate in its predictions

    Axis predicts huge win for BJP in UP;we can trust because Axis has been accurate in its predictions

    India Today – Axis predicts 251-279 seats for BJP in UP, we can trust on it because Axis has been accurate for last six times including one in Bihar with its predictions.
    (IndiaToday,10-March-17)-MK
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    Subscribe to my YouTube channel to be updated on the latest happenings.Watch Axis predicts huge win for BJP in UP;we can trust because Axis has been accurate in its predictions With HD Quality

    By Sudhanshu Mittal| 1120 views

  • TCS posts highest-ever profit in Q3 at Rs 8,105 crore

    TCS posts highest-ever profit in Q3 at Rs 8,105 crore

    TCS, India’s largest IT firm by revenue, on Thursday reported a 24.1 per cent rise in YoY profit at Rs 8,105 crore for the December quarter.The IT major had reported Rs 6,531 crore profit in the same quarter last year. Revenue for the quarter rose 20.80 per cent YoY to Rs 37,338 crore.

    By The Economic Times| 480 views

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Published on: Apr 26, 2019
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The Economic Times | A Times Internet Limited product

Axis Bank on Thursday reported net profit of Rs 1,505.06 crore for quarter ended March 31. The private lender had reported a loss of Rs 2,188.74 crore in the corresponding quarter last year.

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  • Axis Bank third-quarter profit more than doubles to Rs 1,681 crore, asset quality improves

    Axis Bank third-quarter profit more than doubles to Rs 1,681 crore, asset quality improves

    The Economic Times | A Times Internet Limited product

    Private lender Axis Bank on Tuesday reported 131 per cent year-on-year (YoY) surge in standalone profit at Rs 1,681 crore. The bank had posted a profit of Rs 726 crore in the year ago period. Analysts in an ET NOW poll had projected the profit at Rs 1,235 crore. Miscellaneous Income for the quarter jumped to Rs 1,007 crore from Rs 148 crore in the year-ago quarter.

    By The Economic Times| 1563 views

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  • PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    Punjab National Bank on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on big slump in provisions. The public sector lender had reported a loss of Rs 940 crore in the corresponding quarter last year. Analysts in an ET NOW poll projected a loss of Rs 350 crore. Provisions and contingencies declined sharply by 64.86 per cent on a yearly basis to Rs 2,023.31 crore over Rs 5,758.16 crore. The number declined 80 per cent sequentially.




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    Watch PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions With HD Quality

    By The Economic Times| 9855 views

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  • Axis predicts huge win for BJP in UP;we can trust because Axis has been accurate in its predictions

    Axis predicts huge win for BJP in UP;we can trust because Axis has been accurate in its predictions

    India Today – Axis predicts 251-279 seats for BJP in UP, we can trust on it because Axis has been accurate for last six times including one in Bihar with its predictions.
    (IndiaToday,10-March-17)-MK
    Connect with me, share your thoughts:

    Facebook: www.facebook.com/SudhanshuMittalOfficial
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    By Sudhanshu Mittal| 1120 views

  • TCS posts highest-ever profit in Q3 at Rs 8,105 crore

    TCS posts highest-ever profit in Q3 at Rs 8,105 crore

    TCS, India’s largest IT firm by revenue, on Thursday reported a 24.1 per cent rise in YoY profit at Rs 8,105 crore for the December quarter.The IT major had reported Rs 6,531 crore profit in the same quarter last year. Revenue for the quarter rose 20.80 per cent YoY to Rs 37,338 crore.

    By The Economic Times| 480 views

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