Annual Report 2011-2012 of Axis Bank

It is a broadly described annual report of Axis Bank in the year of 2011-2012. During the financial year, the total income of the Bank increased by 38.55% to reach Rs. 27,414.87 Crores as compared to Rs. 19,786.94 Crores last year. Operating revenue increased by 20.03% to Rs. 13,437.97 Crores while operating profit increased by 15.82% to Rs. 7,430.87 Crores. The Bank earned a net profit of Rs. 4,242.21 Crores for the year ended 31^st March 2012, registering a growth of 25.19% over the net profit of Rs. 3,388.49 Crores last year. During the year, the Basic Earnings per Share (EPS) was at Rs. 102.94 and a Return on Equity (ROE) at 21.22%. The paid-up capital of the Bank rose to Rs. 413.20 Crores, as compared to Rs. 410.55 Crores last year.

The Board of Directors of the bank has recommended a higher dividend of Rs. 16.00 per equity share, compared to Rs. 14.00 per equity share declared last year.

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