Axis Bank (AXISBANK) Q4 25/26 earnings summary

Executive summary

• Achieved strong growth in advances and deposits, with Q4FY26 PAT at ₹7,071 crore, up 9% quarter-on-quarter, supported by fee growth and stable asset quality.

• Maintained leadership in digital banking and payments, with a 36% UPI market share and top-rated mobile app.

• Subsidiaries delivered robust performance, with combined FY26 PAT of ₹2,051 crore, up 16% year-on-year.

• Audited standalone and consolidated financial results for FY26 were approved with an unmodified audit opinion by joint statutory auditors.

• The Board recommended a dividend of ₹1 per share (50%) for FY26, subject to shareholder approval.

Financial highlights

• Net interest income for FY26 was ₹56,048 crore, up 3% year-on-year; Q4 NII was ₹14,457 crore, up 5% year-on-year and 1% quarter-on-quarter.

• Advances grew 19% year-on-year and 6% quarter-on-quarter; deposits up 14% year-on-year and 6% quarter-on-quarter.

• Standalone net profit for FY26 was ₹24,456.66 crore, down from ₹26,373.48 crore in FY25.

• Fee income for Q4 was ₹6,561 crore, up 4% year-on-year and 8% quarter-on-quarter; cost to assets at 2.28%, down 18 basis points year-on-year.

• Consolidated ROA for Q4 was 1.64% and ROE was 15.15%.

Outlook and guidance

• Maintains through-cycle NIM guidance of 3.8%, expected to be achieved 15–18 months from the last rate cut transmission.

• Focus on profitable growth, digital leadership, and expanding in rural and semi-urban markets.

• Continued investment in AI, technology, and customer experience to drive productivity and scale.

• The Bank continues to monitor regulatory changes, including the implementation of new labour codes, and will adjust provisions as needed.

• No material concerns regarding asset quality or adverse credit developments as of the reporting date.