AXIS Bank Limited reported earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net profit of INR 5,795.7 million or INR 9.58 per share diluted against INR 21,753.0 million or INR 36.15 per share diluted a year ago. Net interest income was INR 43,337.3 million against INR 41,620.6 million a year ago. Operating revenue was INR 77,339.3 million against INR 64,998.4 million a year ago. Core operating revenue was INR 62,085.0 million against INR 60,860.7 million a year ago. Operating profit was INR 46,402.3 million against INR 39,850.6 million a year ago. Core operating profit was INR 31,147.9 million against INR 35,712.9 million a year ago. Gross NPAs also expanded higher than expected to 5.22% in Oct-Dec from 4.17% in the preceding quarter, rising by more than a full percentage point. For the nine months, the company reported net profit of INR 24,541.8 million or INR 13.58 per share diluted against INR 60,693.8 million or INR 33.76 per share diluted a year ago. Net interest income was INR 133,645.2 million against INR 122,803.8 million a year ago. Operating revenue was INR 220,426.7 million against INR 189,578.3 million a year ago. Core operating revenue was INR 190,703.7 million against INR 177,300.8 million a year ago. Operating profit was INR 132,097.8 million against INR 117,050.8 million a year ago. Core operating profit was INR 102,374.8 million against INR 104,773.3 million a year ago.