Axis Bank Q4 FY25 Results: Flat profit; NII rises 6%, margins dip

Axis Bank, India’s fourth-largest private lender by market cap, reported a marginal dip of 0.2% YoY in its standalone net profit to ₹7,117.50 crore for the fourth quarter ended March 2025. This compares to ₹7,129.67 crore in the same period last year.

Key Financial Highlights:

Net Interest Income (NII): ₹13,811 crore, up 6% YoY

Net Interest Margin (NIM): 3.97%, down from 4.06% YoY

Total Interest Earned: ₹31,242.51 crore, up 6.9% YoY

Operating Profit: ₹10,752 crore, up 2% YoY

Operating Costs: Increased 6% YoY

Provisions & Contingencies: ₹1,359 crore; specific loan loss provisions at ₹1,369 crore

Axis Bank reported cumulative provisions (excluding NPAs) at ₹11,957 crore, translating to a standard asset coverage of 1.15%. The total provision coverage ratio (PCR), including all categories, stood at 157% of gross NPAs.

Balance Sheet Snapshot:

Total Assets: ₹16,09,930 crore, up 9% YoY

Deposits: Up 10% YoY and 7% QoQ

CASA Ratio: Increased to 41% from 39% in Q3FY25

Loan Book: ₹10,40,811 crore, up 8% YoY and 3% QoQ

Retail Loans: ₹6,22,897 crore, up 7% YoY

Home Loans up 1% YoY

Personal Loans up 8% YoY

Credit Cards up 4% YoY

SME Loans: ₹1,18,521 crore, up 14% YoY

Corporate Loans: Up 8% YoY

Asset Quality:

Gross NPA: 1.28% (down from 1.46% in Q3)

Net NPA: 0.33% (down from 0.35% in Q3)

Gross Slippages: ₹4,805 crore vs. ₹5,432 crore in Q3 and ₹3,471 crore in Q4 last year

PCR on GNPA: 75%, compared to 76% in Q3 and 79% in Q4 last year

Dividend:

The bank’s board has recommended a dividend of ₹1 per equity share (face value ₹2) for FY25.

Disclaimer: Investors are advised to consult financial advisors before making investment decisions.