Axis Bank Q3 Results 2026 Highlights: Net profit rises 3% to ₹6,490 crore; NII up 5% YoY at ₹14,286 crore

Axis Bank Q3 results 2026 Highlights: Q3FY26 Performance at a Glance

1. Net Interest Income up 5% YOY and 4% QOQ, Net Interest Margin (NIM) at 3.64%
2. Advances grew 14% YOY and 4% QOQ; Bank’s focus segments2 grew by 12% YOY and 3% QOQ
3. GNPA at 1.40% down 6 bps QOQ and YOY, NNPA at 0.42% down 2 bps QOQ
4. Net profit up 3% YOY to ₹6,490 crores in Q3FY26

Axis Bank Q3 results 2026 LIVE: Net Interest Income for the first nine months of FY26 reached ₹41,591 crores, reflecting a 3% increase compared to the previous year. Fee income increased by 11% year-over-year to ₹17,883 crores.

The operating profit for the first nine months of FY26 rose by 5% to ₹32,803 crores, up from ₹31,353 crores in the same period of FY25. Core operating profit also saw a 5% growth to ₹30,824 crores, compared to ₹29,341 crores in FY25.

Total provisions for the first nine months of FY26 amounted to ₹9,741 crores. Net profit for FY26's first nine months was ₹17,385 crores, representing a 10% decline from the previous year.

Axis Bank Q3 results 2026 LIVE: As of December 31, 2025, the bank's total distribution network included 6,110 domestic branches and extension counters, along with 281 Business Correspondent Banking Outlets (BCBOs) located across 3,315 centers, in contrast to 5,706 domestic branches and extension counters, and 202 BCBOs found in 3,122 centers as of December 31, 2024.

Axis Bank Q3 results 2026 LIVE: The Bank's balance sheet increased by 15% year-over-year and reached ₹17,52,171 crore as of December 31, 2025. Total deposits rose by 5% quarter-over-quarter and 15% year-over-year on a month-end basis, with current account deposits increasing by 7% quarter-over-quarter and 20% year-over-year, while savings account deposits saw a growth of 1% quarter-over-quarter and 11% year-over-year.

Term deposits experienced growth of 6% and 16% on a quarter-over-quarter and year-over-year basis, respectively.

The proportion of CASA deposits within total deposits was 39%.

Axis Bank Q3 results 2026 LIVE: As of December 31, 2025, the Bank reported Gross NPA and Net NPA levels of 1.40% and 0.42%, respectively, compared to 1.46% and 0.44% on September 30, 2025.

On December 31, 2025, the Bank's provision coverage ratio in relation to Gross NPAs was 70%, which remains unchanged from the 70% recorded on September 30, 2025, and down from 76% on December 31, 2024.

Axis Bank Q3 results 2026 LIVE: In Q3FY26, fee income experienced a year-on-year increase of 12%, reaching ₹6,100 crores.

Retail fees also rose by 12% year-on-year, accounting for 71% of the Bank’s total fee income.

Income from Third Party Products grew by 12% compared to the previous year. Fees from Corporate and Commercial banking collectively increased by 11% year-on-year to ₹1,743 crores.

The trading income for the quarter amounted to ₹61 crores, while miscellaneous income for Q3FY26 was ₹65 crores. In total, non-interest income, which includes fee, trading, and miscellaneous income, reached ₹6,226 crores in Q3FY26.

Axis Bank Q3 results 2026 LIVE: The bank reported in its exchange filing that the provisions and contingencies for Q3FY26 amounted to ₹2,246 crores. For Q3FY26, specific loan loss provisions totaled ₹2,307 crores. At the conclusion of Q3FY26, the bank holds a total of ₹13,111 crores in cumulative provisions (including both standard and additional provisions other than NPA).

Axis Bank Q3 results 2026 LIVE: Net Interest Margin (NIM) for Q3FY26 stood at 3.64%.

Axis Bank Q3 results 2026 LIVE: The Bank reported an operating profit of ₹10,876 crores for the quarter, reflecting a 3% increase year-over-year. The core operating profit reached ₹10,815 crores, showing a 7% rise compared to the same period last year. Operating expenses rose by 7% year-over-year in Q3FY26. Net profit grew by 3% year-over-year to ₹6,490 crores in Q3FY26.

Axis Bank Q3 results 2026 LIVE: Net interest income (NII) in the third quarter rose 5% to ₹14,286 crore vs ₹13, 606 crore in the last year.

Axis Bank Q3 results 2026 LIVE: Axis Bank reported 2.94% YoY increase in standalone net profit to ₹6, 489.57 crore for the quarter ended December.

Axis Bank Q3 results 2026 LIVE: Axis Bank reported a 14% jump in its gross advances in the December ended quarter to ₹11.70 lakh crore compared to ₹10.26 lakh crore in the year ago period.

Axis Bank Q3 results 2026 LIVE: Kotak Institutional Equities projected that the net interest income (NII) will reach ₹13,985.8 crore, reflecting a year-on-year increase of 2.8 percent and a quarter-on-quarter rise of 1.8 percent. Alongside a non-interest income of ₹6,330.5 crore (which represents a 6 percent increase year-on-year but a 4.4 percent decline quarter-on-quarter), the brokerage anticipates that Axis Bank’s pre-provision operating profit (PPoP) for the quarter will total ₹10,246.5 crore.

Axis Bank Q3 results 2026 LIVE: Nomura projects that Axis Bank’s loan portfolio will grow by 14% compared to the previous year and by 4% from the previous quarter, reaching ₹11,58,400 crore.

Axis Bank Q3 results 2026 LIVE: Experts indicated that the management's insights on asset quality, margins, and expectations for loan growth, forecasts for pre-provision operating profit growth and credit costs, levels of slippages (particularly in the unsecured category and technical aspects), and net interest margin trends are vital factors to keep an eye on.

Axis Bank Q3 results 2026 LIVE: Analysts from Kotak Institutional Equities predict that Axis Bank's net profit will decline in Q3FY23, compared to both the same period last year and the previous quarter. They indicated this is likely due to subdued other income and a decrease in operating profit.

The brokerage forecasts net interest income (NII) to reach ₹13,985.8 crore, reflecting a 2.8 percent increase year-on-year and a 1.8 percent rise quarter-on-quarter. Alongside an estimated non-interest income of ₹6,330.5 crore (which represents a 6 percent year-on-year growth but a 4.4 percent drop from the previous quarter), they anticipate that Axis Bank's pre-provision operating profit (PPoP) for this quarter will total ₹10,246.5 crore.

Axis Bank Q3 results 2026 LIVE: On Friday, Axis Bank share price ended at ₹1,260.10 apiece on the BSE. BNP Paribas believes that Axis Bank is set to capture a significant portion of the market in the credit upturn they anticipate in the coming years.

Axis Bank Q3 results 2026 LIVE: The Board of Directors of Axis Bank plans to convene on Monday, January 26, 2026, to review and approve the unaudited financial outcomes for the quarter and the nine months ending December 31, 2026 (Q3FY26/9MFY26).

According to reports, Axis Bank will disclose its Q3FY26 results between 5:15 and 6:15 PM (IST). Additionally, the bank will conduct an earnings call with analysts and investors at 6:20 PM (IST) on January 26, 2026, where senior management will discuss the financial results.

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