Axis Bank (AXISBANK) Q4 24/25 earnings summary

Executive summary

• Delivered strong financial performance in FY25, with core operating profits up 11% year-on-year and consolidated PAT at ₹7,117 crore for Q4FY25, up 13% sequentially; ROA at 1.88% and ROE at 17.11% for Q4.

• Balance sheet remains resilient and well-capitalized, with CET-1 ratio at 14.67% and robust risk management across portfolios.

• Retail, wholesale, and subsidiaries all contributed to growth, with digital transformation and customer-centric initiatives driving operational efficiency.

Financial highlights

• FY25 NIM at 3.98%, Q4 NIM at 3.97%, and net interest income up 9% YoY to ₹54,348 crore.

• Total deposits grew 10% YoY and 7% QoQ; advances up 8% YoY and 3% QoQ; retail advances constitute 60% of total advances.

• Gross NPA at 1.28%, net NPA at 0.33%, and provision coverage ratio at 75%.

• Operating expenses for Q4 at INR 9,838 crore, up 6% YoY; cost-to-assets at 2.46%, down 9 bps YoY.

• Board recommended ₹1 dividend per share for FY25, with a total payout of ₹309 crore.

Outlook and guidance

• Management expects improved liquidity and a supportive regulatory environment in FY26, focusing on profitable growth, digital leadership, and rural expansion.

• Continued investment in technology, risk management, and ESG initiatives to drive sustainable value creation.

• Margins expected to be managed through tight duration matching and proactive repricing.