Annual Report 2015-2016 of Axis Bank

It is a broadly described annual report of Axis Bank in the year of 2015-2016. During the financial year, The Total Assets of the Bank increased by 13.75% to Rs. 525,468 Crores, total advances increased by 20.52% to Rs. 338,774 Crores. The total deposits of the Bank increased by 11.02% to Rs. 357,968 Crores against Rs. 322,442 Crores last year. The operating profit of the Bank increased by 20.31% to Rs. 16,103.61 Crores from Rs. 13,385.44 Crores last year. The Bank earned a net profit of Rs. 8,223.66 Crores for the year ended 31^st March 2016, registering a growth of 11.77% over the net profit of Rs. 7,357.82 Crores last year. Basic Earnings per Share (EPS) was Rs. 34.59 compared to Rs. 31.18 last year, while the Diluted Earnings per Share was Rs. 34.40 compared to Rs. 30.85 last year.

The Board of Directors of the Bonk has recommended a dividend of Rs. 5.00 per equity share of Rs.2/- each for the financial year 2015-16, as compared to Rs. 4.60 per equity share of Rs.2/- each, for the financial year 2014-15.

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