Axis Bank Limited — Updates, 17-07-2025: Press Release

Axis Bank delivered strong Q1FY26 operating profit of ₹11,515 Cr, up 14% YoY. Despite a 4% YoY decline in net profit (₹5,806 Cr) due to a technical impact on asset quality, underlying performance remains solid. Total deposits grew 9% YoY and advances 8% YoY, driven by healthy growth in SME (+16%), Mid-Corporate (+24%), and Small Business Banking (+15%) loans. Retail loans grew 6% YoY. Gross NPAs were 1.57% (adjusted to 1.41% without technical impact), with net NPAs at 0.45% (adjusted to 0.36%). The bank maintained a strong capital adequacy of 16.85% and a leading position in UPI and merchant acquiring. It also launched innovative digital banking solutions.