Axis Bank has declared its financial results for Q3FY26, and the bank has posted strong numbers aided by steady NII. The private lender has posted a consolidated net profit of Rs 7,044 crore for Q3FY26, up 4% from Rs 6,763 crore reported for Q3FY25. On a sequential basis, the bank’s net profit was up nearly 27% from Rs 5,557.5 crore reported for Q2FY26.
Axis Bank: Total income grows 5% YoY on steady loan and deposit growth
The bank’s total income for the quarter ended December 30, 2025 was recorded at Rs 40,898 crore, up nearly 5% from Rs 38,959 crore reported for Q3FY25. The total income also saw a 3% QoQ rise from Rs 39,769 crore reported for Q2FY26.
Axis Bank: NII, deposits drive strong Q3 performance
For Q3FY26, the bank’s Net Interest Income stood at Rs 14,287 crore, up 5% from Rs 13,606 reported in the corresponding quarter last year. Additionally, the NII also saw a sequential growth of 4%.
The bank’s overall Net Interest Margin (NIM) for the reporting quarter stood at 3.64%, down 9 basis points as compared to 3.73% posted for Q2FY26.
The bank’s total deposits rose 15% on a YoY basis to Rs 12.6 lakh crore, as compared to Rs 10.95 lakh crore reported in Q3FY25. While the total deposits saw a 6% QoQ growth.
Axis Bank: One-time RBI provision impacts earnings, not core business
As per the lender’s press release, the Q3FY26 earnings were impacted by one-time catch-up provisions of Rs 55 crore, arising from the adoption of the RBI’s Project Finance and Upper Layer regulations.
Axis Bank: Asset quality improves as gross NPA falls to 1.4%
On the asset quality front, the bank posted its Gross Non-Performing Asset (NPA) ratio at 1.4%, down 6 basis points from 1.46% reported in Q2FY26. While net NPA stood at 0.42%, down 2 basis points from 0.44% reported in Q2FY26.
CEO Amitabh Chaudhry on growth, digital push and future strategy
Commenting on the financial results, Axis Bank MD & CEO Amitabh Chaudhry 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 behavior through smart and revolutionary solutions.