Axis Bank Q2 net profit up at Rs 735.1 cr

Axis Bank has declared its second quarter results. The company’s Q2 net profit was up at Rs 735.1 crore versus Rs 531.6 crore, year-on-year, (YoY).

Its NII was up at Rs 1,615.1 crore versus Rs 1,149.7 crore, (YoY).

Its CASA ratio was up at 41.55% versus 40%.

-Gross NPAs of Rs 1362 crore versus Rs 1131.74 crore
-Trading gains at Rs 108 crore versuss Rs 224 crore
-Added Rs 446 crore to Gross NPAs
-Recoveries and upgradations of Rs 130 crore
-Write-offs of Rs 294 crore

The company's trailing 12-month (TTM) EPS was at Rs 65.90 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 24.25. The latest book value of the company is Rs 392.53 per share.

At current value, the price-to-book value of the company was 4.07. The dividend yield of the company was 0.75%.

Source : www.moneycontrol.com


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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd