Axis Bank's net profit jumped 18.4 per cent in the fourth quarter. The bank said its net profit for the quarter ended March 31, 2014 rose to Rs.1,842 crore.
Axis Bank's board has recommended a 5-for-1 stock split and announced dividend of Rs. 20 per share for financial year 2014, which is subject to the approval of shareholders.
Its net interest income (interest earned over interest paid) grew 18.8 per cent to Rs. 3,165 crore.
Axis Bank shares closed 0.85 per cent higher at Rs1532.70 on NSE compared to 0.85 per cent lower closing in Nifty.
Axis Bank's board has recommended a 5-for-1 stock split and announced dividend of Rs. 20 per share for financial year 2014, which is subject to the approval of shareholders.
Its net interest income (interest earned over interest paid) grew 18.8 per cent to Rs. 3,165 crore.
Axis Bank shares closed 0.85 per cent higher at Rs1532.70 on NSE compared to 0.85 per cent lower closing in Nifty.