Axis Bank is set to announce its June-quarter (Q1 FY25-26) results on July 17, 2025. In the previous quarter (Q4 FY24-25), the bank delivered a stable performance: net profit stood at Rs 7,117.5 crore (virtually flat year-on-year), with net interest income (NII) at about Rs 13,811 crore (up ~6 per cent YoY). The bank’s balance sheet grew steadily, and asset quality remained strong – gross NPAs were ~1.28 per cent and net NPAs at 0.33 per cent. These figures set the context as investors await the Q1 FY26 results amid a slowing loan-growth environment and recent rate cuts.
What to Expect in Q1 FY26
Analysts expect only modest upside in the first quarter. Forecasts suggest PAT around Rs 6,250–6,400 crore, implying a slight dip from Q4. Net interest income is projected to be roughly flat in the Rs 13,700–13,900 crore range. The net interest margin (NIM) is likely to contract from ~3.97 per cent last quarter to 3.5–3.8 per cent as loan yields soften more rapidly than funding costs.
Key Expectations:
- Net Profit (PAT): Rs 6,000–6,400 crore, up 3–5 per cent YoY but slightly below Q4 levels.
- Net Interest Income (NII): Rs 13,700–13,900 crore, roughly flat YoY.
- Net Interest Margin (NIM): Likely to fall to ~3.5–3.8 per cent from 3.97 per cent in Q4.
- Asset Quality: Gross NPAs expected around ~1.4 per cent; Net NPAs near ~0.35–0.40 per cent. Slippages may rise to Rs 6,000 crore due to seasonal pressures.
Valuation and Rating Overview
Axis Bank currently enjoys a 5-star stock rating on Value Research. Here’s a breakdown of its component scores:
- Quality Score: 6/10
- Growth Score: 8/10
- Valuation Score: 7/10
- Momentum Score: 6/10
The strong growth score highlights the bank’s long-term potential, while decent valuation and momentum scores indicate investor interest and fair pricing. A moderate quality score suggests financial stability with scope for further strengthening.
Conclusion:
The Q1 FY26 results are expected to show steady profitability and cautious growth amid tightening margins and rising credit costs. While the June quarter may not surprise significantly, management commentary on future margins, loan growth, and slippages will be crucial. Supported by a high Value Research rating, Axis Bank remains a fundamentally solid stock heading into earnings.
For detailed financial information, visit our stock page- Axis Bank financials
Disclaimer: This is not a stock recommendation. This story was created with the assistance of artificial intelligence and has been reviewed by human experts for accuracy and is intended for informational purposes only. Please take it with a grain of salt and conduct your own research or consult a financial advisor before making any investment decisions
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