Axis Bank Full Year 2024 Earnings: EPS: ₹85.62 (vs ₹35.21 in FY 2023)

Axis Bank (NSE:AXISBANK) Full Year 2024 Results

Key Financial Results

• Revenue: ₹724.2b (up 38% from FY 2023).
• Net income: ₹263.9b (up 144% from FY 2023).
• Profit margin: 36% (up from 21% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: ₹85.62 (up from ₹35.21 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Axis Bank Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Banks industry in India.

Performance of the Indian Banks industry.

The company's shares are up 10% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Axis Bank's balance sheet.

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