Business EconomyPosted at: Apr 24 2025 10:07PM


Axis Bank Q4FY25 net profit marginally down to Rs 7,118 crore

Mumbai, Apr 24 (UNI) Axis Bank on Thursday reported a marginal dip in its standalone net profit to Rs 7,118 crore for the quarter ended March 31, 2025 (Q4FY25), compared to Rs 7,130 crore in the same period last year. However, the private sector lender outperformed market expectations on the back of stronger core lending income.
The Mumbai-headquartered bank’s total income for the March quarter rose 6 per cent to Rs 38,022 crore, up from Rs 35,990 crore in Q4FY24. Net interest income (NII) — the difference between interest earned and interest expended — climbed 5.5 per cent to Rs 13,811 crore during the quarter.
Interest earned on a standalone basis grew 6.9 per cent to Rs 31,242.51 crore, driven by a 5.3 per cent rise in interest on advances at Rs 24,579.59 crore and a 14.1 per cent increase in investment income to Rs 6,095 crore. Consolidated interest earned stood at Rs 32,452.32 crore, a growth of 7.4 per cent.
Operating profit before provisions rose 2 per cent to Rs 10,752.37 crore (standalone), with consolidated operating profit also registering a 2.1 per cent growth at Rs 11,445.05 crore. Operating expenses rose 5.6 per cent on a standalone basis to Rs 9,837.69 crore.
Despite a 14 per cent rise in provisions and contingencies at Rs 1,359 crore, the figure was 37 per cent lower sequentially. Consolidated net provisions declined to Rs 1,550.28 crore from Rs 2,239.98 crore a year ago.
Asset quality improved, with gross non-performing assets (NPAs) falling to 1.28 per cent from 1.43 per cent a year earlier, while net NPAs eased to 0.33 per cent from 0.35 per cent.
The lender declared a dividend of Re 1 per equity share for the financial year ended March 31, 2025.
For the full financial year FY25, Axis Bank posted a standalone net profit of Rs 26,373.48 crore, up 6.1 per cent from FY24. Total income rose to Rs 1,47,934.10 crore, and operating profit stood at Rs 42,104.93 crore. On a consolidated basis, net profit increased 6.3 per cent to Rs 28,055.11 crore, with total income at Rs 1,55,916.86 crore and operating profit at Rs 44,888.51 crore.
The bank reported a capital adequacy ratio of 17.07 per cent under Basel III norms and a return on assets of 1.74 per cent. Earnings per share (EPS) for FY25 stood at Rs 85.28 (basic standalone), compared to Rs 80.67 a year ago.
Shares of Axis Bank closed 0.13 per cent higher at Rs 1,208.5 apiece on the National Stock Exchange on Wednesday. UNI BDN SSP
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