Axis Financial institution March Quarter Outcomes: The online standalone revenue of the personal sector’s Axis Financial institution within the January-March 2025 quarter fell marginally to Rs 7,117.50 crore. A yr in the past it was Rs 7129.67 crore. The financial institution’s complete revenue elevated by 5.6 p.c to Rs 38022 crore on an annual foundation, which was Rs 35990.33 crore within the March 2024 quarter. The financial institution’s March quarter declined to 1.28 p.c within the March quarter, which was 1.43 p.c a yr in the past and 1.46 p.c 1 / 4 a yr in the past. The online NPA ratio rose to 0.33 p.c on an annual foundation, a yr in the past within the March 2024 quarter. On the similar time, it was 0.35 p.c within the December 2024 quarter. Dividend -related information -related information board has really useful a ultimate dividend of Rs 1 per share for FY 2025. On this, the approval of shareholders is but to be taken within the firm’s annual basic assembly. After getting this approval, the fee of dividend will likely be decreased inside 30 days. The shares of 13 p.c strengthened in 2 weeks closed at Rs 1207.30 at a flat stage at BSE on April 24. The financial institution’s market cap is Rs 3.74 lakh crore. The inventory has strengthened 13 p.c within the final 2 weeks. Public shareholders had 91.82 p.c stake within the financial institution until the tip of March 2025. Tech Mahindra This fall Outcomes: Revenue in March quarter elevated by 76%, will give the ultimate dividend of ₹ 30 Disclaimer: Right here info is being supplied right here just for info. It’s crucial to say right here that the funding market out there is topic to dangers. At all times seek the advice of specialists earlier than investing cash as an investor. There’s by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.
