http://www.thehindubusinessline.com/industry-and-economy/banking/article3649010.ece
Axis Bank has reported a 22 per cent increase in net profit at Rs 1,154 crore during April-June 2012-13 against Rs 942 crore in the year-ago period.
Net Interest Income rose 26 per cent to Rs 2,180 crore (Rs 1,724 crore during Q1FY12). The Net Interest Margin was 3.37 per cent in Q1FY13 compared with 3.28 per cent during Q1FY12.
Other income, comprising fee income and trading income, rose 14 per cent to Rs 1,335.51 crore (Rs 1,167.87 crore).
Year-on-year, deposits increased 21 per cent to Rs 2,22,631 crore (Rs 1,83,597 crore) and advances were up 30 per cent to Rs 1,71,146 crore (Rs 1,31,900 crore).
Shares of the private sector bank were trading at Rs 1,025.65 per share on the BSE at 2.20 pm, down 1.88 per cent over the previous close.
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