Axis Bank share price slides over 3% as Q4 profit marginally down to ₹7,118 crore; what we know so far

Axis Bank share price slipped over 3% on Friday after India's third-largest private sector lender reported its fourth quarter results for the financial year 2024-25.

The stock declined 3.32% to ₹1,167 apiece on the National Stock Exchange (NSE) at 9:40 am.

The post-tax profit declined due to a 64% surge in loan loss provisions and an 83% slide in the trading income.

Amitabh Chaudhry, managing director and chief executive officer of Axis Bank said, "The Bank prioritised profitability over growth, considering the uncertain macros and tight liquidity environment dominating most of FY25, while continuing to meaningfully invest in making the franchise more sustainable. As we enter FY26, we believe the operating environment is improving, which should help us drive both growth and profitability."

The core net interest income or NII climbed 6% to ₹13,811 crore due to an 8% increase in net advances and a 0.09% compression in NIM (net interest margin) at 3.97%.

Overall provisions advanced up to ₹1,359 crore in the reporting quarter from ₹1,185 crore a year back, but it was a 64% increase in loan loss provisions at ₹1,369 crore that impacted the profits.

Trading income slipped 83% to ₹173 crore in Q4 FY25 from ₹1,021 crore in Q4 FY24.

Axis Bank announces dividend

The bank's board also recommended a dividend of ₹1 per share for the financial year ended March 31, 2025, subject to approval at the next annual general meeting.

The private lender added 170 branches in the March quarter, taking total domestic branches to 5,876, along with 234 business correspondent banking outlets situated across 3,194 centres.

"As on 31st March 2025, the Bank had 13,941 ATMs and cash recyclers spread across the country. The Bank’s Axis Virtual Centre is present across eight centres with over ~1,700 Virtual Relationship Managers as on 31st March 2025," the bank said.