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BRIEF-Axis Bank Sept-qtr profit rises about 36 pct
October 17, 2017 / 12:13 PM / 2 months ago

BRIEF-Axis Bank Sept-qtr profit rises about 36 pct

Oct 17 (Reuters) - Axis Bank Ltd

* Sept quarter net NPA 3.12 percent versus 2.30 percent previous quarter

* Sept quarter net profit 4.32 billion rupees versus net profit of 3.19 billion rupees last year

* Sept quarter interest earned 112.35 billion rupees versus 111.59 billion rupees last year

* Sept quarter provisions 31.40 billion rupees versus 36.23 billion rupees last year

* Sept quarter gross NPA 5.90 percent versus 5.03 percent previous quarter

* Sept quarter domestic NIM 3.71 percent

* Sept quarter global NIM 3.45 percent

* Says contribution of watch list to slippages has decreased in recent quarters‍​

* Says slippages are predominantly from the ‘bb and below’ pool

* Says Q2 watchlist outstanding at 60.52 billion rupees‍​ Source text: (bit.ly/2hLmsvz) Further company coverage:

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