Q4FY26
PAT at ₹7,071 crores up 9% QOQ, supported by 8% QOQ fee growth and stable asset
quality; strong 6% QOQ growth in deposits and advances, deposit growth aided by
healthy 7% QOQ growth in CASA
Mumbai: Axis
Bank, one of the largest private sector banks in India, concluded FY26 with a
strong performance, reporting a Q4FY26 net profit of ₹7,071 crores,
representing a 9% QOQ growth. The Bank demonstrated significant operational
momentum with advances growing 19% YOY and total deposits rising 14% YOY,
supported by an MEB (Month End Balance) CASA ratio at 40%. Revenue remains
strong as Net Interest Income (NII) grew 5% YOY and Fee Income rose 8% QOQ,
primarily driven by 11% surge in retail fees. Proactively focusing on long term
resilience of the balance sheet, the Bank created an additional one-time
provision of ₹ 2,001 crores to navigate global macro-economic uncertainties. During
the quarter, the Bank maintained strong momentum across key lending and cards
businesses. The Bank acquired approximately 1 million credit cards in Q4FY26
and sustained a market share of ~14% in cards‑in‑force. SME loans grew 24% YoY
and 6% QoQ, while Corporate loans registered a robust growth of 38% YoY and 10%
QoQ, with the Mid‑Corporate segment increasing by 33% YoY.
During the
year, Axis Bank took major strides in customer safety, ecosystem partnership
and talent development, reinforcing its focus on building a future-ready
franchise. It strengthened digital security with the launch of Safety Centre on
its ‘open’ app and SMS Shield, an industry-first sender ID–based authentication
solution.
The Bank
deepened partnerships, becoming Tesla’s preferred financer in India and
collaborating with IndiGo to launch two co-branded cards. It also partnered
with Adda247 to roll out a Hire Train Deploy programme to build a trained
talent pool, and became the Official Banking Partner of the DP World
Professional Golf Tour of India.
Driving
inclusion, the Bank enhanced MSME credit access through Gold Loans with higher
LTV and same-day disbursements, expanded its presence with the Golden Temple
branch in Amritsar, and strengthened rural outreach via the BDPO initiative.
Axis Bank also advanced thought leadership with its ‘Missing Half: Women and
India’s Growth Challenge’ report, while building brand engagement through
SPLASH and its ‘Dil Se Open – ASLI KYC’ campaign.
Amitabh
Chaudhry, MD & CEO, Axis Bank said, “As banking becomes increasingly
digital - trust, security and relevance remain foundational. This quarter’s
initiatives reflect on our intent to empower customers, invest in partner
ecosystems, and strengthen talent and inclusion as enduring growth enablers. We
have closed the year on a strong note, with consistent progress across all our
strategic priorities. While we enter the new financial year with confidence and
optimism focusing on building a more resilient franchise, we are conscious of
the global macro and geo-political situation shaping up and are closely
watching it.”