Categories: Business

Axis Bank Q3 net profit falls to Rs 579 crore


Chennai, Jan 19 (IANS) Private sector Axis Bank Ltd on Thursday said it closed the third quarter of the current fiscal with a net profit of Rs 579.57 crore.

In a regulatory filing with BSE, the bank said it has posted a net profit of Rs 579.57 crore for the quarter ended December 31, 2016, as compared to Rs 2,175.30 crore for the quarter ended December 31, 2015.

Axis Bank's total income went up from Rs 12,531.11 crore for the quarter ended December 31, 2015, to Rs 14,501.21 crore for the quarter ended December 31, 2016.

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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