Axis Bank Q1 FY27 Results: PAT Up 22% YoY, Asset Quality Improves as GNPA Falls to 1.28%
Axis Bank reported a 22% rise in Q1 FY27 consolidated profit, supported by higher income and improved asset quality, while net interest margin moderated during the quarter.
Axis Bank reported a 22% year-on-year rise in consolidated net profit to ₹7,632 crore in Q1 FY27, while total income increased nearly 7%. Asset quality improved with GNPA declining to 1.28%, although net interest margin eased during the quarter.
Axis Bank Q1 Results 2027: On 18 Jul, Axis Bank reported its Q1 results for FY 27. Its consolidated total income rose 7% YoY to ₹43,213 crore, and consolidated net profit climbed 22% YoY to ₹7,632 crore in the June 2026 quarter. Gross NPA improved to 1.28% from 1.57% a year ago. Here is the detailed breakdown of Asis Bank's Q1 result 2027
Axis Bank Q1 FY2027 Results Highlights (Consolidated)
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Interest earned, the bank's core income line, came in at ₹35,541.96 crore, up 9.87% YoY and 4.01% quarter-on-quarter.
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Axis Bank's consolidated total income for the June 2026 quarter rose 6.96% year-on-year to ₹43,212.82 crore, from ₹40,401 crore a year earlier, and grew 5.03% from ₹41,142.69 crore in the March quarter.
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Pre-provision operating profit, the key profitability meter for lenders, stood at ₹12,498.75 crore, up 15.52% from ₹10,819.26 crore in the preceding quarter but only 2.33% higher than ₹12,213.89 crore a year ago,
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Consolidated net profit came in at ₹7,632.31 crore, up 22.24% YoY, though nearly flat against ₹7,602.63 crore in Q4 FY26. Diluted EPS for the quarter stood at ₹24.41 against ₹20.04 a year earlier.
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Interest Earned (₹ Cr) |
35,541.96 |
34,170.99 |
+4.01% |
32,348.31 |
+9.87% |
|
Total Income (₹ Cr) |
43,212.82 |
41,142.69 |
+5.03% |
40,401.00 |
+6.96% |
|
Interest Expended (₹ Cr) |
20,214.70 |
19,079.71 |
+5.95% |
18,238.69 |
+10.83% |
|
Net Interest Income (₹ Cr) |
15,327.26* |
15,091.28* |
+1.56% |
14,109.62* |
+8.63% |
|
Pre-Provision Operating Profit (₹ Cr) |
12,498.75 |
10,819.26 |
+15.52% |
12,213.89 |
+2.33% |
|
Consolidated PAT (₹ Cr) |
7,632.31 |
7,602.63 |
+0.39% |
6,243.72 |
+22.24% |
|
Diluted EPS (₹, quarterly) |
24.41 |
24.33 |
+0.33% |
20.04 |
+21.81% |
*NII derived as Interest Earned minus Interest Expended (consolidated) Source: NSE filing, Axis Bank Limited Q1 FY27 Consolidated Financial Results
Axis Bank Q12027 Asset Quality, Capital and Liquidity Snapshot
Its GNPA improved from last year. Here is a detailed breakdown of Axis Bank's Q1 asset quality
|
Metric |
Q1 FY27 |
Q4 FY26 |
Q1 FY26 |
|---|---|---|---|
|
Gross NPA (₹ Cr) |
17,124.33 |
16,083.65 |
17,764.66 |
|
Net NPA (₹ Cr) |
5,192.56 |
4,789.59 |
5,065.99 |
|
Gross NPA Ratio |
1.28% |
1.23% |
1.57% |
|
Net NPA Ratio |
0.39% |
0.37% |
0.45% |
|
Net Interest Margin (NIM) |
3.46% |
3.62% |
3.80% |
|
Capital Adequacy Ratio (CAR) |
16.67% |
16.42% |
16.85% |
|
Return on Assets (annualised) |
1.51% |
1.58% |
1.47% |
Source: NSE filing, Axis Bank Limited Q1 FY27 Standalone Financial Results & disclosures
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Asset quality showed clear improvement. Gross NPA ratio for the standalone bank fell to 1.28% from 1.57% a year ago and 1.23% in the March quarter, while net NPA improved to 0.39% from 0.45% YoY.
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Net interest margin came in at 3.46%, down from 3.80% a year ago and 3.62% in the previous quarter, as the bank's floating-rate loan book repriced down faster than deposit costs adjusted.
Axis Bank Q12027 Result Segment-wise Revenue (Consolidated)
|
Segment |
Q1 FY27 (₹ Cr) |
Q1 FY26 (₹ Cr) |
YoY % |
|---|---|---|---|
|
Treasury |
9,291.74 |
9,113.55 |
+1.96% |
|
Corporate/Wholesale Banking |
15,026.97 |
12,520.78 |
+20.02% |
|
Retail Banking |
39,517.11 |
36,618.39 |
+7.92% |
|
Other Banking Business |
1,256.85 |
1,367.89 |
(8.12%) |
|
Total Segment Revenue |
65,092.67 |
59,641.87 |
+9.14% |
Source: NSE filing, Axis Bank Limited Q1 FY27 Consolidated Segmental Results
READ MORE: Reliance Industries Q1 Results 2027
Axis Bank Dividend 2027 and Share Price Today
No dividend, bonus share issue was declared alongside the Q1 FY27 results.
As of 17 July, 3.30 PM
Ahead of the Q1 FY27 results, Axis Bank share price closed 1.67% higher on Friday. On a year-to-date (YTD) basis, the stock has gained around 4%, while it has risen nearly 21% over the one-year period from July 17, 2025, to July 17, 2026.