How has been the historical performance of Axis Bank?

Answer:The historical performance of Axis Bank shows a consistent growth trajectory in various financial metrics over the years.

Breakdown:
Axis Bank's interest earned has increased significantly from INR 63,346.23 crore in March 2021 to INR 1,22,677.04 crore in March 2025. This growth is driven by a rise in interest on advances, which grew from INR 47,619.80 crore in March 2021 to INR 97,200.27 crore in March 2025. The total income also reflects this upward trend, rising from INR 75,609.83 crore in March 2021 to INR 1,47,934.10 crore in March 2025. Net interest income has similarly improved, reaching INR 54,347.82 crore in March 2025, up from INR 29,239.12 crore in March 2021. Profit before tax has shown a remarkable increase, climbing from INR 8,805.84 crore in March 2021 to INR 34,346.58 crore in March 2025, while profit after tax rose from INR 6,588.50 crore to INR 26,373.48 crore during the same period. The bank's net profit margin has also improved, standing at 21.5% in March 2025 compared to 10.4% in March 2021. Total assets have expanded from INR 9,15,222.36 crore in March 2020 to INR 14,77,892.91 crore in March 2024, indicating robust growth in the bank's balance sheet. Cash and cash equivalents increased to INR 114,454 crore in March 2024, up from INR 106,410 crore in March 2023, demonstrating improved liquidity. Overall, Axis Bank has shown strong financial performance with significant growth in income, profits, and asset base over the years.