Annual Report 2007-2008 of Axis Bank

Annual Report 2007-2008 of Axis Bank

It is a broadly described annual report of Axis Bank in the year of 2007-2008. During the financial year, The Bank reported a net profit of Rs. 1,071.03 Crores during the year ended 31st March 2008, up 62.52%, from Rs. 659.03 Crores in the previous year. In 2007-08, the Bank achieved a total income of Rs. 8,800.80 Crores, up 60.84% from 2006-07. During this period, operating revenue was Rs. 4,380.84 Crores, up 76.76% from the previous year, while operating profit was up by 76.12% to reach Rs. 2,225.92 Crores. In 2007-08, net interest income increased by 76.07% to Rs. 2,585.35 Crores from Rs. 1,468.33 Crores in the previous year. Other income, comprising trading profits, fee, and miscellaneous income, also increased strongly by 77.75% to Rs. 1,795.49 Crores in 2007-08 from Rs. 1,010.11 Crores in 2006-07. The paid-up capital of the Bank as on 31st March 2008 thereby rose to Rs. 357.71 Crores from Rs. 281.63 Crores as on 31st March 2007. The Bank’s Diluted Earnings per Share (EPS) for 2007-08 has risen to Rs. 31.31 from Rs. 22.79 during 2006-07.

The Board of Directors has recommended a higher dividend rate of @60% on equity shares, compared to the @45% dividend declared for the last year.

More Annual Report of Axis Bank:

  1. Annual Report 2000-2001 of Axis Bank
  2. Annual Report 2001-2002 of Axis Bank
  3. Annual Report 2004-2005 of Axis Bank
  4. Annual Report 2005-2006 of Axis Bank
  5. Annual Report 2006-2007 of Axis Bank
  6. Annual Report 2007-2008 of Axis Bank
  7. Annual Report 2008-2009 of Axis Bank
  8. Annual Report 2009-2010 of Axis Bank
  9. Annual Report 2010-2011 of Axis Bank
  10. Annual Report 2011-2012 of Axis Bank
  11. Annual Report 2012-2013 of Axis Bank
  12. Annual Report 2013-2014 of Axis Bank
  13. Annual Report 2014-2015 of Axis Bank
  14. Annual Report 2015-2016 of Axis Bank
  15. Annual Report 2016-2017 of Axis Bank