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Axis Bank's Q4 net profit report decline of 43%
In its net profit for the fourth quarter (Q4) of Fiscal 2016-17, Axis Bank on Wednesday reported a decline of 43.13 per cent.
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 "Axis Bank's Q4 net profit report decline of 43%")
Mumbai: In its net profit for the fourth quarter (Q4) of Fiscal 2016-17, Axis Bank on Wednesday reported a decline of 43.13 per cent.
The company`s net profit decreased to Rs 1,225.10 crore from Rs 2,154.28 crore reported in the fourth quarter of 2015-16.
"The Bank`s net interest income (NII) grew 4 per cent YOY to Rs 4,729 crore during Q4FY17 from Rs 4,553 crore in Q4FY16," the lender said in a statement.
With IANS Inputs
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