Axis Bank reported full-year profit after tax of INR 26,373 crore for the financial year ended 31 March 2025, a 6% increase on the prior year.
For the final quarter of the financial year, profit after tax reached INR 7,117 crore, up 13% on the preceding quarter. Year-on-year, however, fourth-quarter profit was flat against INR 7,130 crore in Q4 FY2024.
MARGIN, FEE INCOME AND DEPOSITS
Net interest margin for the full year was 3.98%. Fee income for the year totalled INR 22,504 crore, up 11% year-on-year. Total deposits grew 10% year-on-year to INR 11.73 trillion on a month-end basis, slightly ahead of 9% balance-sheet growth.
The bank added approximately 500 branches during the year, bringing its total network to 5,876 outlets across India. The bank added 170 branches in the fourth quarter alone; the network stood at 5,377 branches and extension counters a year earlier.
ASSET QUALITY AND CAPITAL
Asset quality improved in the fourth quarter, with gross non-performing assets declining to 1.28% at 31 March 2025 from 1.46% at end-December and 1.43% a year earlier, and net NPA at 0.33%, down 2 basis points on the quarter but up from 0.31% a year earlier.
The Common Equity Tier 1 ratio was 14.67% at financial year-end. MD & CEO Amitabh Chaudhry said he believed the operating environment was improving as the bank entered FY2026.