Share Market News / Axis Bank's stock will rise in the market, the bank made a profit of Rs 26,373 crore

Axis Bank's January-March 2025 quarter net profit declined marginally to ₹7,117.5 crores, while total income reached ₹38,022 crores. Profit for the full fiscal was ₹26,373 crores and income ₹1,47,934 crores. NPA showed improvement. Growth expected in FY26. ₹1 dividend recommended.

Share Market News: Axis Bank, the country's leading private sector bank, reported a net profit of Rs 7,117.5 crore in the January-March quarter of FY 2024-25, marginally lower than Rs 7,129.67 crore recorded in the same quarter of the previous year (FY24 Q4). This decline, however, was nominal, which makes it clear that the bank's income and management capacity remain stable.

Increase in income and improvement in NPA

The total income of the bank increased to Rs 38,022 crore in the fourth quarter of FY 2024-25, from Rs 35,990 crore in the same period last year. This increase can be considered a result of the bank's strong retail and corporate loan distribution policies and growing customer base.

Axis Bank's asset quality also saw significant improvement. The bank's gross NPA (non-performing asset) ratio declined to 1.28% in the quarter under review, from 1.43% a year ago. However, net NPA increased slightly to 0.33% from 0.31% earlier. This indicates the continuity and robustness of the bank's loan recovery system.

Full year performance excellent

During the full financial year 2024-25, Axis Bank's net profit stood at Rs 26,373 crore, which is better than Rs 24,861 crore in FY 2023-24. At the same time, total income also jumped to Rs 1,47,934 crore, from Rs 1,31,810 crore last year. These figures reflect the success of the bank's overall financial strategy.

Optimism about FY26

The bank's MD and CEO Amitabh Chaudhary said that the bank is expecting a better operating environment in the coming financial year 2025-26. He says, "Our team is not only moving towards growth, but is also looking for new opportunities to increase profitability." The board of directors of the bank has recommended a dividend of Rs 1 per share for FY25, which is yet to be approved in the upcoming Annual General Meeting (AGM).

ICICI Bank's performance is also commendable

Meanwhile, ICICI Bank, another leading private bank of the country, also performed strongly in the March quarter. The net interest income of the bank grew by 11% to Rs 21,193 crore, while the provision also increased to Rs 891 crore. However, the gross NPA ratio of the bank declined from 1.96% in December 2024 to 1.67% in March 2025, reflecting improvement in loan quality.