Annual Report 2014-2015 of Axis Bank

It is a broadly described annual report of Axis Bank in the year of 2014-2015. During the financial year, The Bank’s total income increased by 15.24% to reach Rs. 43,843.64 Crores during 2014-15, compared to Rs. 38,046.38 Crores last year. The operating revenue of the Bank increased by 16.70% to Rs. 22,589.18 Crores from Rs. 19,356.86 Crores last year. During the year, the operating profit of the Bank increased by 16.84% to Rs. 13,385.44 Crores from Rs. 11,456.09 Crores last year. The Bank earned a net profit of Rs. 7,357.82 crores for the year ended 31^st March 2015, registering a growth of 18.34% over the net profit of Rs. 6,217.67 Crores last year. Basic Earnings per Share (EPS) was Rs. 31.18 compared to Rs. 26.51 last year, while the Diluted Earnings per Share was Rs. 30.85 compared to Rs. 26.45 last year. Return on Equity (RoE) was 18.57% compared to 18.23% last year, while Book Value per Share was Rs. 188.47 compared to Rs. 162.69 last year. Return on Assets (ROA) was 1.83% compared to 1.78% last year. The paid up equity share capital of the Bank rose to Rs. 474.10 Crores, as compared to Rs. 469.84 Crores last year.

The Board of Directors has recommended a higher dividend of Rs. 4.60 per equity share of Rs. 2/- each for the year ended 31^st March 2015, as compared to Rs. 4.00 per equity share of Rs. 2/- each (adjusted for sub-division) declared last year.

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