Friday, January 15, 2010

Axis Bank Q3 net profit up 30.94% at Rs 656 cr

Axis Bank had announced its third quarter results of FY10. It has reported 30.94% jump in its net profit of Rs 656 crore as against Rs 501 crore in the same quarter of previous year.

Net interest income (NII) went up 45.13% to Rs 1,349.1 crore from Rs 929.6 crore. Other income was up to Rs 988 crore from Rs 732 crore.

The numbers were above the expectations; CNBC-TV18 estimated net profit at Rs 594 crore and NII at Rs 1,245 crore.
The company's trailing 12-month (TTM) EPS was at Rs 53.91 per share and the stock's price-to-earnings (P/E) ratio stands at 20.18.

The book value of the company is Rs 254.15 per share and price-to-book value ratio of the company was at 4.28.

The dividend yield of the company was at 0.92%.
Source: CNBC-TV18
Courtesy moneycontrol.com








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