Axis Bank Reports Slight Decline in Q4 Profit Despite Rise in Interest Income
Axis Bank Q4 Results: PAT falls marginally YoY to Rs 7,071 crore; interest income rises 5%
The Economic Times
Image: The Economic Times
Axis Bank announced a standalone net profit of ₹7,071 crore for the quarter ending March 2026, a slight decrease of 0.64% from the previous year. Interest income rose by 4.7% to ₹32,724 crore, reflecting the bank's ongoing growth despite rising operating costs.
- 01Net profit for Q4FY26 fell to ₹7,071 crore, down 0.64% year-on-year.
- 02Interest income increased by 4.7% to ₹32,724 crore.
- 03Net Interest Income (NII) rose to ₹14,457 crore, up 5% YOY.
- 04Operating costs grew by 6% YOY in Q4FY26.
- 05A dividend of Re 1 per share has been proposed for the financial year.
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Axis Bank reported a standalone net profit of ₹7,071 crore for the quarter ending March 2026, reflecting a marginal decline of 0.64% compared to ₹7,118 crore in the same quarter last year. The bank's interest income rose to ₹32,724 crore, marking a 4.7% increase from ₹31,243 crore in Q4FY25. Net Interest Income (NII) also saw a positive trend, reaching ₹14,457 crore, which is a 5% increase year-on-year. Despite these gains, the bank faced a rise in operating costs, which grew by 6% in the same period. The Board of Directors has recommended a dividend of Re 1 per share, pending approval at the upcoming Annual General Meeting. The bank's operating profit stood at ₹10,013 crore, while core operating profit was ₹10,619 crore for the quarter. Notably, the profit after tax (PAT) saw a sequential increase of 9% from ₹6,490 crore in the previous quarter.
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The marginal decline in net profit may affect investor sentiment, but the rise in interest income indicates continued growth potential for Axis Bank.
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