July 26, 2021

Axis Bank Q1FY22

 

Standalone profit of Rs 2,160.15 cr V/s  Rs 1,112.17 cr Y-o-Y.

Net interest income, the difference between interest earned and interest expended, up by 11.1% to Rs 7,760.27 cr V/s Rs 6,985.31 cr Y-o-Y.

The total deposits grew by 16 % V/s 11%  Y-o-Y.

Provisions and contingencies   at Rs 3,532.01 cr higher by 7.2% V/s Rs 3,294.98 Y-o-Y.

Gross slippages were Rs 6,518 cr V/s Rs 5,285 cr Q-o-Q and Rs 2,218 cr Y-o-Y.

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