Axis Bank Limited

NSE AXISBANK.NS

Axis Bank Limited Gross Profit for the year ending March 31, 2024: USD 16.54 B

Axis Bank Limited Gross Profit is USD 16.54 B for the year ending March 31, 2024, a 116.63% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Axis Bank Limited Gross Profit for the year ending March 31, 2023 was USD 7.64 B, a 13.26% change year over year.
  • Axis Bank Limited Gross Profit for the year ending March 31, 2022 was USD 6.74 B, a 13.88% change year over year.
  • Axis Bank Limited Gross Profit for the year ending March 31, 2021 was USD 5.92 B, a 10.51% change year over year.
  • Axis Bank Limited Gross Profit for the year ending March 31, 2020 was USD 5.36 B, a 9.01% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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NSE: AXISBANK.NS

Axis Bank Limited

CEO Mr. Amitabh Chaudhry
IPO Date Nov. 27, 1998
Location India
Headquarters Axis House
Employees 104,633
Sector Finance
Industries
Description

Axis Bank Limited provides financial services in India and internationally. It operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment is involved in investments in sovereign and corporate debt, and equity and mutual funds, as well as in trading operations, derivative trading, and foreign exchange operations The Retail Banking segment engages in the provision of lending services to individuals/small businesses; liability products, card services, internet banking, mobile banking, ATM services, depository, financial advisory services, and NRI services. The Corporate/Wholesale Banking segment offers corporate advisory, placements and syndication, project appraisals, capital market related, and cash management services. The Other Banking Business segment is involved in para banking activities. The company operates 4,759 branches. It also has a network of 10,990 ATMs and 5,972 recyclers; and eight international offices with branches at Singapore, Dubai, and Gift City, India; and representative offices in Dhaka, Dubai, Abu Dhabi, and Sharjah. The company was formerly known as UTI Bank Limited and changed its name to Axis Bank Limited in July 2007. Axis Bank Limited was incorporated in 1993 and is based in Mumbai, India.

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StockViz Staff

January 15, 2025

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