BAJAJ BROKING
Total Income:Total Income: ₹36,926 crores (Q3 FY24–25), up from ₹33,516 crores (Q3 FY23–24), and reflecting a 10% YoY increase.
Net Profit: Operating Profit: ₹1,05,340 crores (Q3 FY24–25) compared to ₹91,410 crores (Q3 FY23–24).
Net Interest Income (NII): ₹13,606 crores (Q3 FY24–25) compared to ₹12,532 crores (Q3 FY23–24).
Net Advances: ₹10,14,564 crores (Q3 FY24–25), up 9% year-on-year from ₹9,32,286 crores (Q3 FY23–24)
CASA Deposits: ₹4,32,855 crores (Q3 FY24–25).
Gross NPA: Reduced to 1.46%, a decline of 12 bps year-on-year.
Deposits: ₹10,95,883 crores as of December 31, 2024.
Advances: ₹10,14,564 crores as of December 31, 2024.
Axis Bank continues to deliver strong financial performance and maintain effective risk management practices, reinforcing its position as a leading player in the banking sector.
Axis Bank reported strong financial results for Q3 FY24–25, with Operating Revenue growing by 8%, reaching ₹19,578 crores, compared to ₹18,087 crores in Q3 FY23–24. Net Profit for the quarter rose to ₹6,304 crores, up from ₹6,071 crores in the same quarter last year, reflecting a steady growth trajectory. Core Operating Profit increased by 14%, reaching ₹10,102 crores. Earnings Per Share (Diluted) for Q3 FY24–25 rose to ₹80.32, up from ₹77.86 in the prior-year quarter, further highlighting strong financial performance and shareholder value creation.
Treasury: grew in CAGR from ₹700 crores in Q3 FY23–24 (Dec'23) to ₹1,041 crores in Q3 FY24–25 (Dec'24), reflecting a 49% increase.
Wholesale: increased from ₹15,862 crores in Q3 FY23–24 (Dec'23) to ₹18,729 crores in Q3 FY24–25 (Dec'24), showing a growth of 18.2%.
Retail: grew from ₹13,000 crores in Q3 FY23–24 (Dec'23) to ₹17,192 crores in Q3 FY24–25 (Dec'24), reflecting a growth of 32.3%.
These segmental figures highlight Axis Bank’s diversified revenue streams and operational strength across core banking and digital services.
Particulars | Q3 FY24–25 (₹ Crores) | Q3 FY23–24 (₹ Crores) | Y-o-Y Growth |
Operating Revenue | ₹19,578 crores | ₹18,087 crores | 8% |
Core Operating Revenue | ₹19,147 crores | ₹17,796 crores | 8% |
Operating Expenses | ₹9,044 crores | ₹8,946 crores | 1% |
Operating Profit | ₹10,534 crores | ₹9,141 crores | 15% |
Core Operating Profit | ₹10,102 crores | ₹8,850 crores | 14% |
Net Profit | ₹6,304 crores | ₹6,071 crores | 4% |
EPS Diluted (annualized) | ₹80.32 | ₹77.86 | - |
Net Interest Income (NII) | ₹13,606 crores | ₹12,532 crores | 9% |
Other Income | ₹5,972 crores | ₹5,555 crores | 8% |
Gross NPA (%) | 1.46% | 1.58% | -12 bps |
Net NPA (%) | 0.35% | 0.36% | -1 bps |
Capital Adequacy Ratio (Basel III) | 17.01% | 16.63% | +38 bps |
Return on Assets (ROA) | 1.64% | 1.75% | -11 bps |
Return on Equity (ROE) | 15.37% | 18.07% | -270 bps |
This table provides additional insights into Axis Bank’s financial position, including profitability, asset quality, and operational efficiency for Q3 FY24–25 versus Q3 FY23–24.
Profitability Growth: Axis Bank reported Operating Revenue of ₹19,578 crores (up 8% YoY) and Core Operating Profit of ₹10,102 crores (up 14% YoY), with Net Profit increasing by 4% to ₹6,304 crores. This demonstrates robust profitability across its core banking and insurance segments.
Asset Quality Improvement: The bank’s Gross NPA improved by 12 bps (to 1.46%) and Net NPA by 1 bps (to 0.35%), reflecting strong credit risk management.
Capital Strength: The Capital Adequacy Ratio increased by 38 bps to 17.01%, ensuring a solid capital base to support growth, particularly in insurance.
Return Metrics: Return on Equity (ROE) decreased by 270 bps (to 15.37%), and Return on Assets (ROA) dropped by 11 bps (to 1.64%), indicating a slight decrease in efficiency, but still reflecting strong operational performance.
Deposits and Advances: Total Deposits grew by 9% YoY to ₹10,95,883 crores, while Net Advances also rose by 9% to ₹10,14,564 crores, with CASA Deposits at ₹4,32,855 crores (up 2% YoY), supporting the bank’s financial stability and growth in the insurance segment.
Sectoral Resilience: Axis Bank’s solid performance highlights the resilience of the banking sector, particularly in managing risk and capital, while continuing to expand its insurance offerings and digital platforms.
Led by Amitabh Chaudhry, Managing Director & CEO, Axis Bank’s management drives innovation, digital transformation, and operational excellence. Their focus on risk management ensured a Gross NPA ratio of 1.46%, while strong financial stewardship improved the Capital Adequacy Ratio - Basel III to 17.01%. The team’s digital-first approach boosted Digital Banking revenues, showcasing leadership in tech-driven banking solutions. Operational efficiency translated into an Operating Profit of ₹10,534 crores and improved Earnings Per Share (Diluted) of ₹80.32, showcasing consistent value creation for stakeholders.
Sources:
Axis Bank’s Q3 FY’24-25 Investor Presentation Submitted on BSE
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