Axis Bank Reports Q2 Earning, Abhishek Kothari Decodes The Numbers | Halftime Report | CNBC-TV18

Axis Bank — India's fifth largest bank by market value — on Thursday reported a net profit of Rs 5,329.8 crore for the July-September period, beating Street estimates by a huge margin. The quarterly net profit increased jumped more than 70 percent compared with the corresponding period a year ago, boosted by an all-round strong performance. The lender's net interest income — or the difference between interest earned and interest paid — jumped 31 percent to Rs 10,360.2 crore compared with the year-ago period, according to a regulatory filing. #axisbank #Q2FY23results #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. You can also connect with CNBC-TV18 News Online Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action: https://www.cnbctv18.com/market/ Follow experts on the most vital topics: https://www.cnbctv18.com/expert-views/ Subscribe to our Channel: https://bit.ly/3nvEcxf Like us on Facebook:   / cnbctv18india   Follow us on Twitter:   / cnbctv18news   n18oc_business