Axis Bank · NSE: AXISBANK · BSE: 532215

Q1 FY24 results · Apr–Jun 2023

Axis Bank reported revenue from operations of ₹26,245.74 crore (up 36.7% from Q1 FY23) and net profit of ₹6,098.95 crore (up 39.0% from Q1 FY23) for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
ItemQ1 FY24Q1 FY23YoYQ4 FY23QoQ
Interest earned26,245.7419,193.33+36.7%24,629.66+6.6%
Other income5,648.463,493.13+61.7%5,495.89+2.8%
Total income31,894.2022,686.46+40.6%30,125.55+5.9%
Profit before share of associates & JVs and tax8,191.625,882.82+39.2%(3,153.45)Turned profit
Share of profit/(loss) of associates & JVs14.1412.5637.68
Net profit for the period6,098.954,389.22+39.0%(5,371.18)Turned profit
Attributable to shareholders of the company6,091.354,380.59+39.1%(5,361.85)Turned profit
EPS, basic (₹)19.7914.27+38.7%(17.43)Turned profit
Net margin (%)23.222.9-21.8

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
ItemQ1 FY24Q1 FY23YoYQ4 FY23QoQ
Interest earned25,556.7718,728.65+36.5%23,969.76+6.6%
Other income5,087.272,998.96+69.6%4,895.32+3.9%
Total income30,644.0421,727.61+41.0%28,865.08+6.2%
Profit before tax7,779.485,527.64+40.7%(3,627.98)Turned profit
Net profit for the period5,797.104,125.26+40.5%(5,728.42)Turned profit
EPS, basic (₹)18.8313.43+40.2%(18.62)Turned profit
Net margin (%)22.722.0-23.9
Consolidated
Filed with BSE
27 Jul 2023, 13:13 IST
Board meeting
26 Jul 2023
Period
01 Apr 2023 to 30 Jun 2023
Review status
Unaudited
Source
XBRL filing on BSE
Standalone
Filed with BSE
27 Jul 2023, 13:13 IST
Board meeting
26 Jul 2023
Period
01 Apr 2023 to 30 Jun 2023
Review status
Unaudited
Source
XBRL filing on BSE