Axis Bank Share Price Falls After Q4 Net Profit Slip

Axis Bank reported a net profit of Rs 7,117.5 crore for the quarter ended March 31, 2025, a marginal decrease of 0.1% year-on-year.

Axis Bank shares fell over 4% on Friday. (Photo source: Company)

Axis Bank Ltd.'s share price declined over 4% on Friday after the company's net profit saw a marginal decline in the fourth quarter of fiscal 2025.

The private lender reported a net profit of Rs 7,117.5 crore for the quarter ended March 31, 2025, a marginal decrease of 0.1% year-on-year. But, the bank's provisions and contingencies increased by 15% year-on-year to Rs 1,359 crore, reflecting higher expenses.

Net interest income grew by 6% year-on-year to Rs 13,811 crore, with net interest margins improving to 3.97%, up 4 basis points from the previous quarter. Despite higher provisions and expenses weighing on the standalone net profit, the overall financial performance was stable.

Axis Bank's net advances rose by 8% year-on-year to Rs 10.4 lakh crore. Retail loans grew by 7% to Rs 6.22 lakh crore, accounting for 60% of the bank's net advances. Home loans increased by 1% year-on-year, personal loans rose by 8%, and credit card advances grew by 4%.

The lender's gross non performing asset ratio fell to 1.28% from 1.46% a quarter ago. Net NPA ratio of the bank also was down to 0.33% from 0.35% in the December quarter.

Also Read: SBI Cards Q4 Results Review: Credit Cost Decline Brings Relief, But Valuations Remain A Concern

Axis Bank Share Price

The scrip fell as much as 4.02% to Rs 1,158.60 apiece. It pared losses to trade 3.04% lower at Rs 1,170.40 apiece, as of 09:34 a.m. This compares to a 0.17% advance in the NSE Nifty 50.

It has risen 3.8% in the last 12 months. Total traded volume so far in the day stood at 4.5 times its 30-day average. The relative strength index was at 60.

Out of 50 analysts tracking the company, 42 maintain a 'buy' rating and eight recommend a 'hold', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 15.8%.

Also Read: Stock Market Today: Nifty, Sensex Extend Losses To Second Day As India-Pakistan Tension Weighs

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Heena Ojha
Senior News Writer at NDTV Profit, She is a graduate with a gold medal from... more
GET REGULAR UPDATES