Axis Bank declines on reporting marginal fall in Q4 consolidated net profit
Axis Bank is currently trading at Rs. 1152.25, down by 55.05 points or 4.56% from its previous closing of Rs. 1207.30 on the BSE.
The scrip opened at Rs. 1183.95 and has touched a high and low of Rs. 1183.95 and Rs. 1149.00 respectively. So far 242360 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1339.55 on 12-Jul-2024 and a 52 week low of Rs. 934.00 on 27-Jan-2025.
Last one week high and low of the scrip stood at Rs. 1238.60 and Rs. 1149.00 respectively. The current market cap of the company is Rs. 356942.45 crore.
The promoters holding in the company stood at 8.18%, while Institutions and Non-Institutions held 84.82% and 7.00% respectively.
Axis Bank has reported 0.17% fall in its net profit at Rs 7117.50 crore for the quarter under review as compared to Rs 7129.67 crore for the same quarter in the previous year. However, total income of the bank increased by 5.65% at Rs 38022.03 crore for Q4FY25 as compared Rs 35990.33 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 1.63% fall in its net profit at Rs 7489.71 crore for fourth quarter ended March 31, 2025 as compared to Rs 7613.55 crore for the same quarter in the previous year. However, total income of the bank increased by 5.61% at Rs 39958.04 crore for Q4FY25 as compared Rs 37836.10 crore for the corresponding quarter previous year.
For the year ended March 31, 2025, the bank has reported 6.08% rise in its net profit at Rs 26373.48 crore as compared to Rs 24861.43 crore for the previous year. Total income of the bank increased by 12.23% at Rs 147934.10 crore for year under review as compared to Rs 131810.59 crore for year ended March 31, 2024.
For the year ended March 31, 2025, on the consolidated basis, the bank has reported 6.38% rise in its net profit at Rs 28111.74 crore as compared to Rs 26423.54 crore for the previous year. Total income of the bank increased by 12.99% at Rs 155916.86 crore for year under review as compared to Rs 137989.36 crore for year ended March 31, 2024.
