Axis Bank announced its financial results, highlighting a strong performance with deposits up 11% and advances growing at 12%. The bank’s H1 FY26 core operating profit reached ₹20,010 crores, a 4% increase year-over-year, supported by stable net interest income, fee growth, and positive operating leverage. The bank continues to focus on digital innovation and customer-centric initiatives.
Financial Performance Highlights
Axis Bank reported strong growth in key areas:
- Total deposits increased by 11%, with term deposits up 12% and CASA deposits showing robust growth.
- Advances grew by 12%, driven by SME and corporate segments.
- Core operating profit for H1 FY26 reached ₹20,010 crores, up 4% year-over-year.
Key Business Segment Performance
The bank saw notable performance across various segments:
- SME loans increased by 19% year-over-year and 9% quarter-over-quarter.
- Corporate loans grew by 20% year-over-year, with mid-corporate loans up 28%.
- Retail loans experienced a 6% year-over-year increase.
Asset Quality and Capital Adequacy
Axis Bank maintains a strong asset quality and capital position:
- GNPA decreased to 1.46%, down 11 bps quarter-over-quarter.
- NNPA stands at 0.44%, a decrease of 1 bps quarter-over-quarter.
- CET-1 ratio at 14.43% and overall capital adequacy ratio at 16.55%.
Digital and Customer-Focused Initiatives
Axis Bank is focused on enhancing digital capabilities and customer experience:
- Acquired over 1 million new cards in Q2 FY26, surpassing 15 million cards in force.
- Maintained its market-leading position in UPI Payer PSP with approximately 37% market share.
Subsidiary Performance
Key subsidiaries delivered strong results:
- Axis Finance’s H1 FY26 PAT grew by 18% to ₹385 crores.
- Axis AMC’s H1 FY26 PAT increased by 11% to ₹271 crores.
The Board of Directors approved these results on October 15, 2025.
Source: BSE
