Quarterly Result18 Jul 2026, 12:01 pm
Axis Bank Q1 FY27 PAT Up 23% YoY, Deposits Up 18%
AI Summary
Axis Bank announced its Q1 FY27 financial results, reporting a 23% year-on-year increase in Profit After Tax (PAT), driven by positive operating jaws and stable asset quality. Total deposits grew by 18% YoY and advances by 19% YoY. The bank saw market share gains across deposits and advances, with significant growth in SME loans (25% YoY) and Corporate loans (38% YoY). Core operating profit increased by 10% YoY to ₹11,122 crores. The bank also highlighted strategic investments in digital transformation, AI, and ecosystem partnerships, including launching Aadhaar Face Authentication and a digital locker-focused branch. Axis Finance raised ₹2,250 crore from Axis Bank and Kedaara Capital.
Key Highlights
- PAT increased 23% YoY, driven by operating efficiency and asset quality.
- Deposits grew 18% YoY, advances up 19% YoY, indicating strong market share gains.
- Core operating profit rose 10% YoY to ₹11,122 crores.
- Strategic investments in digital, AI, and partnerships are accelerating franchise building.
- GNPA improved to 1.28% (down 29 bps YoY), NNPA at 0.39% (down 6 bps YoY).
Price Impact
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