Chennai: Axis Bank announced its Q3FY26 financial results, reporting a net profit of ₹6,490 crore for the quarter ended December 31, 2025.
The bank delivered a steady performance during the quarter (Axis Bank Q3FY26), supported by growth in deposits and advances, stable net interest income, and healthy fee income.
During Axis Bank Q3FY26, Net Interest Income (NII) increased 5% year-on-year (YoY) and 4% quarter-on-quarter (QoQ) to ₹14,287 crore, while Net Interest Margin (NIM) stood at 3.64%.
Core operating profit rose 9% QoQ, aided by stable margins and improved operating leverage.
On a Quarterly Average Balance (QAB) basis, total deposits grew 5% QoQ and 12% YoY, reflecting continued traction across liability franchises.
The MEB CASA ratio stood at 39%, remaining among the strongest across large peer banks.
Also Read: Bank of Baroda Q3FY26: Net Profit Rises 4.5% YoY to ₹5,055 Crore
Axis Bank Q3FY26 sees improvement in asset quality and capital position
As of 31 December 2025, the bank’s reported Gross NPA and Net NPA improved to 1.40% and 0.42%, respectively, compared with 1.46% and 0.44% as of September 30, 2025.
The overall Capital Adequacy Ratio (CAR) stood at 16.55%, with a CET 1 ratio of 14.50%, improving by 7 basis points QoQ.
Fee income during Axis Bank Q3FY26 grew 12% YoY to ₹6,100 crore, with retail fees also rising 12% YoY and accounting for 71% of total fee income, underlining the bank’s diversified revenue profile.
Axis Bank Q3FY26 highlights growth in wealth management and distribution network
The bank’s wealth management business remained among the largest in India, with Assets Under Management (AUM) of ₹6,87,738 crore as of December 31, 2025. AUM grew 7% QoQ and 8% YoY during the quarter.
Also Read: YES BANK Q3FY26: Profit Surges 55% YoY to ₹952 Crore; Margins and CASA Strengthen
Axis Bank’s domestic subsidiaries delivered steady performance, reporting a 9MFY26 PAT of ₹1,490 crore, up 6% YoY.
The bank’s distribution network expanded to 6,110 domestic branches and extension counters, along with 281 Business Correspondent Banking Outlets (BCBOs) across 3,315 centres as of December 31, 2025, compared with 5,706 branches and extension counters and 202 BCBOs across 3,122 centres a year earlier.
Commenting on the results, Amitabh Chaudhry, MD & CEO, Axis Bank, said, “Our progress this quarter reflects our focus on creating solutions that matter – simplifying access to credit, reimagining digital banking, and investing in talent and ideas that will shape the future. We will keep strengthening our competitive edge by modernising our platforms, empowering our teams, and staying ahead of shifts in customer behaviour through smart and revolutionary solutions.”
