Axis Bank FY26 Results: Fee Income Rises 9%, Profit Falls 7% YoY; Dividend Announced

Axis Bank reported its financial results for the quarter and year ended March 31, 2026, showcasing steady operational growth alongside a moderate decline in annual profit. The bank continued to strengthen its core business with stable income streams, improved asset quality, and a focus on long-term growth.

Strong Growth in Deposits and Advances

The bank recorded a 6% quarter-on-quarter growth in total deposits, supported by a healthy rise in CASA deposits. On a yearly basis, total deposits grew by around 14%, reflecting strong customer traction. Advances also witnessed robust growth, with SME loans expanding significantly and corporate lending seeing strong momentum, particularly in the mid-corporate segment.

Profitability and Operational Performance

Axis Bank posted a net profit of ₹7,071 crore in Q4FY26, marking a 9% sequential increase. Fee income grew 8% quarter-on-quarter, with retail fees showing strong traction. For the full financial year FY26, net interest income stood at ₹56,048 crore, up 3% year-on-year, while fee income rose 9% to ₹24,444 crore. Operating profit increased marginally to ₹42,817 crore, while core operating profit grew 4% to ₹41,443 crore, reflecting steady business performance.

Annual Profit and Provisions

For FY26, Axis Bank reported a net profit of ₹24,457 crore, down 7% year-on-year, primarily due to higher provisions, which stood at ₹13,263 crore. Despite this, the bank maintained stable operational strength and continued to focus on prudent risk management.

Improved Asset Quality and Capital Strength

The bank’s asset quality improved further during the quarter, with gross non-performing assets declining to 1.23% and net NPAs reducing to 0.37%. Credit costs also saw a notable decline, indicating effective risk controls. Axis Bank maintained a strong capital position, with a capital adequacy ratio of 16.42%, ensuring a comfortable buffer for future growth.

Dividend Announcement

The Board of Directors has recommended a dividend of ₹1 per equity share of face value ₹2 for FY26. The payout is subject to shareholder approval at the upcoming annual general meeting.

Strategic Initiatives and Partnerships

During the quarter, Axis Bank enhanced its focus on digital safety by launching new security features on its platform. It also expanded its ecosystem through partnerships across sectors such as mobility and travel, while continuing to invest in talent development and rural outreach initiatives.

Axis Bank Share Price Today

On April 27, 2026, Axis Bank share price opened at ₹1,325.00. At 11:41 AM, the share price of Axis Bank was trading at ₹1,314.30, down by 3.78% on the NSE.

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Conclusion

Axis Bank’s FY26 performance reflects a balanced approach, with steady income growth, improving asset quality, and strategic investments in future-ready capabilities. While annual profit saw a slight decline, the bank’s strong fundamentals and consistent expansion position it well for sustained growth.

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