Axis Bank Q1 net profit at Rs 330 cr

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B. Karthick

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Jul 14, 2008, 6:46:53 AM7/14/08
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Axis bank has announced a net profit of $82.53 million (Rs 330 crore)
during the first quarter of the 2008-09 fiscal compared to $43.74
million for the corresponding quarter of the previous year.

Axis Bank gets RBI nod to launch fund | Axis PE invests Rs 142 crore
in two cos

With this, the bank recorded a growth of over 88 per cent.

For the quarter ending June 30, 2008, total income increased to
$722.81 million (Rs 2891 crore) compared to $469.82 million (Rs 1879
crore) in the corresponding period last year
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