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
Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.
