How much to pay to exis bank
Axis Bank reported a net profit of Rs 7,071 crore for the fourth quarter ended March 31, 2026, representing a marginal decline of 0.6% year-on-year from Rs 7,117 crore, as a jump in standard asset provisions as a precautionary measure and lower trading profits offset steady growth in core interest income.Net interest income rose 5% year-on-year to Rs 14,457 crore, supported by a 19% increase in net advances, which stood at Rs 12,33,570 crore. Loan growth was driven by an increase in corporate loans by 38% and an increase in loans to small and medium-sized companies by 24%. Interest expense increased by 5% to Rs 18,267 crore. Total deposits rose 14% to Rs 13,35,834 crore, supported by a stable Current and Savings Account (CASA) ratio of 40%, which contributed to a lower cost of funds of 44 basis points.Provisions other than tax rose 159% year-on-year to Rs 3,522 crore. This increase was driven by a voluntary decision to enhance the provisioning framework, which included a one-time provision of Rs 2,001 crore for standard assets during the quarter. Provisions for loan losses fell to Rs 1,146 crore from Rs 1,369 crore in the previous year. After accounting for tax credits of Rs 580 crore, the net profit was Rs 7,071 crore.
Non-interest income was Rs 6,023 crore, down 11% YoY due to trading losses. Core fee income rose by 4% to Rs 6,561 crore. Partial fees accounted for 92% of the total, while retail fees contributed 74% of the total fees. Total operating income for the quarter was Rs 20,480 crore.Operating profit fell 7% year-on-year to Rs 10,013 crore with operating expenses rising 6% to Rs 10,466 crore. Staff costs increased by 5%, while non-staff overhead increased by 7%.
The cost-to-asset ratio improved to 2.28%, down 18 basis points from the previous year.Asset quality improved, with the total non-performing asset ratio falling to 1.23% from 1.28% the previous year. The net non-performing assets ratio was 0.37%. The allocation coverage ratio reached 70%. Capital adequacy remained strong, with the total capital adequacy ratio reaching 16.42% and the first tier ratio reaching 14.38%.