Axis Historical Income Statement
| AXB Stock | USD 67.80 0.40 0.59% |
Historical analysis of Axis Bank income statement accounts such as Net Interest Income of 355.2 B, Interest Income of 785.9 B or Interest Expense of 387.4 B can show how well Axis Bank Ltd performed in making a profits. Evaluating Axis Bank income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Axis Bank's future profits or losses.
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About Axis Income Statement Analysis
Axis Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Axis Bank shareholders. The income statement also shows Axis investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Axis Bank Income Statement Chart
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Axis Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Axis Bank. It is also known as Axis Bank overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Axis Bank financial statement analysis. It represents the amount of money remaining after all of Axis Bank Ltd operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Axis Bank Ltd whose combined shares represent less than 50% of the total outstanding shares issued by Axis Bank have a minority interest in Axis Bank.Most accounts from Axis Bank's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Axis Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Axis Bank's Other Operating Expenses is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 278.2 B this year, although the value of Net Interest Income will most likely fall to about 355.2 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 339.2B | 440.6B | 513.7B | 355.2B | Tax Provision | 47.7B | 77.7B | 87.5B | 46.9B |
Axis Bank income statement Correlations
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Axis Bank Account Relationship Matchups
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Axis Bank income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 34.0B | 25.0B | 47.7B | 77.7B | 87.5B | 46.9B | |
| Net Interest Income | 257.2B | 297.7B | 339.2B | 440.6B | 513.7B | 355.2B | |
| Interest Income | 637.2B | 647.0B | 688.5B | 874.5B | 1.1T | 785.9B | |
| Interest Expense | 380.0B | 349.3B | 349.2B | 433.9B | 613.9B | 387.4B | |
| Selling General Administrative | 2.6B | 2.5B | 3.7B | 4.1B | 3.7B | 3.4B | |
| Total Revenue | 403.8B | 433.6B | 511.9B | 627.7B | 766.0B | 533.3B | |
| Other Operating Expenses | 76.1B | 72.3B | 103.3B | 192.7B | 221.6B | 232.6B | |
| Net Income From Continuing Ops | 18.8B | 72.5B | 142.1B | 109.2B | 264.9B | 278.2B | |
| Reconciled Depreciation | 8.1B | 9.8B | 10.5B | 131.5B | 13.9B | 13.2B | |
| Income Before Tax | 52.8B | 97.5B | 189.3B | 186.2B | 351.8B | 369.4B | |
| Net Income Applicable To Common Shares | 18.5B | 72.0B | 141.2B | 108.2B | 124.4B | 72.4B | |
| Net Income | 18.5B | 72.0B | 141.2B | 108.2B | 263.9B | 277.1B | |
| Minority Interest | 1.1B | 1.7B | (876M) | (1.0B) | (1.1B) | (1.0B) |
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Axis Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Axis Bank shareholders. The income statement also shows Axis investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).