BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
Axis Bank Ltd. reported a net interest income growth of 8% in its Q2 FY22 standalone results at Rs 79,000 million as against Rs 73,260 million in Q2 FY21, driven by advances growth of 10% and a net interest margin of 3.39%.
Non-interest income (comprising of fee, trading profit and miscellaneous income) for Q2 FY22 stood at Rs 32,310 million, growth of 17% year-on-year.
Operating profit for Q2 FY22 stood at Rs.59,280 million, down by 11% year-on-year.
Core operating profit for Q2 FY22 stood at Rs 54,560 million, down by 7% year-on-year.
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