Axis Bank announced a steady growth in standalone net profit for the quarter ended September 2015. During the quarter, the profit of the bank rose 18.93% to Rs 19,156.40 million from Rs 16,107.10 million in the same quarter last year.
Interest earned for the quarter rose 13.75% to Rs 120,010.10 million, compared with Rs 105,500 million for the prior year period.
Earnings per share for the quarter stood at Rs 8, registering 14.29% growth over previous year period.
In percentage terms, gross and net NPAs were 1.38% and 0.48% respectively as on Sep. 30, 2015 compared with 1.34% and 0.44% respectively as on Sept. 30, 2014.