India’s Axis Bank third-quarter profit jumps
Net profit rose to 58.53 billion Indian rupees ($719.53 million) in the three months ended Dec. 31 from 36.14 billion rupees a year earlier, Mumbai-based Axis Bank said in an exchange filing. .
Analysts on average had expected the bank to report a profit of 54.43 billion rupees, according to Refinitiv IBES data.
($1 = 81.3450 Indian rupees)
(Reporting by Nandan Mandayam and Chris Thomas in Bengaluru; Editing by Shinjini Ganguli)