Axis Financial institution This autumn Outcomes: Revenue to ₹ 7117 crore in March quarter, slight enhance in web NPA; Declared dividend of ₹ 1 – INA NEWS

Axis Financial institution March Quarter Outcomes: Within the January-March 2025 quarter, the personal sector Axis Financial institution’s web standalone revenue fell marginally to Rs 7,117.50 crore. A 12 months in the past it was Rs 7129.67 crore. The entire revenue of the financial institution elevated by 5.6 % to Rs 38022 crore on an annual foundation, which was Rs 35990.33 crore within the March 2024 quarter.

The financial institution’s March quarter declined to 1.28 % within the gross NPA ratio, which was 1.43 % a 12 months in the past and 1.46 % 1 / 4 a 12 months in the past. The online NPA ratio rose to 0.33 % on an annual foundation, a 12 months in the past within the March 2024 quarter. It was 0.35 % within the December 2024 quarter.

Dividend of Rs 1 per share

Axis Financial institution Board has really useful a remaining dividend of Rs 1 per share for FY 2025. On this, the approval of shareholders is but to be taken within the firm’s annual normal assembly. After getting this approval, the cost of dividend will likely be made inside 30 days.

Share robust 13 % in 2 weeks

Axis Financial institution’s inventory closed at Rs 1207.30 at flat stage on BSE on 24 April. The financial institution’s market cap is Rs 3.74 lakh crore. The inventory has strengthened 13 % within the final 2 weeks. The financial institution had a 91.82 % stake within the financial institution until the top of March 2025.

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