How has been the historical performance of Axis Bank?

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

Breakdown:
Axis Bank's interest earned has significantly increased from 63,346.23 crore in March 2021 to 1,22,677.04 crore in March 2025, reflecting a robust growth in income on investments and interest on advances. The total income has also risen from 75,609.83 crore in March 2021 to 1,47,934.10 crore in March 2025, while net interest income has grown from 29,239.12 crore to 54,347.82 crore in the same period. Total expenditure, excluding depreciation, has increased from 18,375.15 crore in March 2021 to 37,499.95 crore in March 2025, leading to an operating profit before provisions and contingencies of 42,104.93 crore in March 2025, up from 23,127.57 crore in March 2021. Profit before tax has also shown a significant increase from 8,805.84 crore in March 2021 to 34,346.58 crore in March 2025, culminating in a profit after tax of 26,373.48 crore in March 2025, compared to 6,588.50 crore in March 2021. The bank's total assets have expanded from 9,86,839.67 crore in March 2021 to 16,09,929.87 crore in March 2025, while total liabilities have similarly increased from 9,15,222.36 crore to 16,09,929.87 crore. The cash and cash equivalents have fluctuated, closing at 99,732.00 crore in March 2025, down from 114,454.00 crore in March 2024. Overall, Axis Bank has demonstrated strong growth in profitability, income, and asset base over the years.