Q3 2026 Axis Bank Ltd Earnings Call Transcript
Key Points
- Axis Bank Ltd (STU:UZC) reported a strong growth in deposits, with a 15% year-on-year increase, outpacing credit growth.
- The bank's net interest income grew by 3% year-on-year, demonstrating stable operating performance.
- Axis Bank Ltd (STU:UZC) achieved a significant milestone by expanding its branch network to over 6,000 branches.
- The bank's PAT increased by 28% quarter-on-quarter, indicating robust profitability.
- Axis Bank Ltd (STU:UZC) maintained a strong capital position with a CET1 ratio of 14.5%, supporting sustainable growth.
- Net interest margin (NIM) declined by 27 basis points year-on-year, reflecting pressure on interest spreads.
- The bank's cost of funds remains a concern, with a slower improvement compared to peers.
- Axis Bank Ltd (STU:UZC) experienced a decline in retail CASA, with a 116 basis points year-on-year decrease.
- Operating expenses grew by 4% year-on-year, indicating rising costs.
- The bank's LCR has shown variability, raising concerns about liquidity management.
Ladies and gentlemen, good day, and welcome to the Axis Bank conference call to discuss the bank's financial results for the quarter ended as on December 31, 2025. Participation in the conference call is by invitation only. Axis Bank reserves are right to block access to any person to whom an invitation has not been sent. Unauthorized dissemination of the contents or the proceedings of the call is strictly prohibited and prior explicit permission and written approval of Axis Bank is imperative. (Operator Instructions) Please note that this conference is being recorded. On behalf of Axis Bank, I once again welcome all the participants to the conference call. On the call, we have Mr. Amitabh Chaudhry, MD and CEO; and Mr. Puneet Sharma, CFO. I now hand the conference over to Mr. Amitabh Chaudhry, MD and CEO. Thank you, and over to you, sir.
Thank you, Michel. Wise very happy (inaudible) everyone on the call. Apart from Puneet, we have on our call, our Executive
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
