Chandigarh, April 25, 2025: Axis Bank, one of the largest private sector banks in India, announced its Q4FY25 and annual results today, reporting annual net profit of Rs. 26,373 crores, up 6% YOY as compared to profit of Rs. 24,861 crores in FY24. The Bank’s Net Interest Income (NII) grew 6% YOY to Rs 13,811 crores. Net Interest Margin (NIM) for Q4FY25 stood at 3.97% and grew 4 bps QOQ.
CASA grew 10% QOQ with CASA ratio at 38% QAB basis. As on 31st March 2025, the Bank’s reported Gross NPA and Net NPA levels were 1.28% and 0.33% respectively as against 1.43% and 0.31% as on 31st March 2024. The Bank’s Fee income grew 12% YOY and 16% QOQ to Rs. 6,338 in FY25. Retail fee grew 14% YOY and 22% QOQ; and constituted 75% of the Bank’s total fee income. The Bank’s overall capital adequacy ratio (CAR) stood at 17.07% with CET 1 ratio of 14.67%. The Bank’s domestic subsidiaries delivered steady performance with FY25 PAT of Rs 1,768 crores, up 11% YOY. The Bank added 170 branches during the quarter, taking its overall distribution network to 5,876 domestic branches and extension counters along with 234 Business Correspondent Banking Outlets (BCBOs) situated across 3,194 centres as of 31st March 2025.
This quarter was marked by several industry-first initiatives at the Bank. Axis Bank was the first Indian bank to execute an aircraft financing transaction through its International Banking Unit (IBU) at GIFT City IFSC, facilitating a USD loan for the purchase of 34 training aircraft by Air India. It also became the first financial institution in India to launch near-real-time, 24/7 programmable USD clearing capabilities for its commercial clients using Kinexys Digital Payments. These capabilities amongst others launched during the year, positions Axis Bank’s International Banking Unit as the transaction bank of choice operating out of GIFT City.
Amitabh Chaudhry, MD&CEO, Axis Bank said, “The Bank prioritised profitability over growth, considering the uncertain macros and tight liquidity environment dominating most of FY25, while continuing to meaningfully invest in making the franchise more sustainable. As we enter FY26, we believe the operating environment is improving, which should help us drive both growth and profitability.”
