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Axis Bank (BOM:532215) Revenue : ₹764,169 Mil (TTM As of Mar. 2024)


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What is Axis Bank Revenue?

Axis Bank's revenue for the three months ended in Mar. 2024 was ₹211,089 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ₹764,169 Mil. Axis Bank's Revenue per Share for the three months ended in Mar. 2024 was ₹67.83. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹246.50.

Good Sign:

Axis Bank Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Axis Bank was 22.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 19.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 12.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Axis Bank's highest 3-Year average Revenue per Share Growth Rate was 42.10% per year. The lowest was 1.70% per year. And the median was 16.05% per year.


Axis Bank Revenue Historical Data

The historical data trend for Axis Bank's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Axis Bank Revenue Chart

Axis Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 403,776.85 433,556.70 511,976.40 624,081.50 765,986.20

Axis Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 175,451.70 179,223.00 183,732.60 190,125.00 211,088.60

Competitive Comparison of Axis Bank's Revenue

For the Banks - Regional subindustry, Axis Bank's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Axis Bank's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Axis Bank's Revenue distribution charts can be found below:

* The bar in red indicates where Axis Bank's Revenue falls into.



Axis Bank Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹764,169 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Axis Bank  (BOM:532215) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Axis Bank Revenue Related Terms

Thank you for viewing the detailed overview of Axis Bank's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Axis Bank (BOM:532215) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Marg, Axis House, C-2, Wadia International Centre, Worli, Mumbai, MH, IND, 400 025
Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail banking, and other banking. Treasury operations include security investments and derivative trading. Corporate/wholesale banking solutions include mid/large corporate relationships, corporate advisory, project appraisals, and syndication. Retail banking solutions include lending to individual/small businesses, savings accounts, debit and credit cards, ATMs and mobile banking, personal loans. Other banking operations include third-party product distribution and other banking transactions. A plurality of the bank's loan and advances comes from its corporate customers, while a plurality of its fee income comes from its retail customers.

Axis Bank (BOM:532215) Headlines

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