The private lender earned an interest income of Rs 32,274 crore in Q3FY26, up 4.3% over Rs 30,954 crore posted in the corresponding period of the last financial year.
The lender paid Rs 17,988 crore in interests on deposits in the quarter under review, which was up nearly 4% from Rs 17,348 crore in Q3FY25.
The company profit after tax (PAT) surged 27% on a sequential basis from Rs 5,090 crore in Q2FY26.
The bank’s Net Interest Income (NII) for Q3FY26 stood at Rs 14,287 crores up 5% YoY and 4% QoQ while its Net Interest Margin (NIM) for Q3FY26 stood at 3.64%.
Other income
Fee income for Q3FY26 grew 12% YOY to Rs 6,100 crores while retail fees grew 12% YoY and it constituted 71% of the bank’s total fee income. Fees from Third Party Products grew 12% YOY. The Corporate & Commercial banking fees together grew 11% YoY to Rs 1,743 crores. The trading income gain for the quarter stood at Rs 61 crores.
The miscellaneous income in Q3FY26 stood at Rs 65 crores.Operating profit
The Bank’s operating profit for the quarter stood at Rs 10,876 crores up 3% YOY while core operating profit stood at Rs 10,815 crores up 7% YOY.
The operating cost grew 7% YoY in Q3FY26.
Provisions & contingencies
Provision and contingencies for Q3FY26 stood at Rs 2,246 crores. Specific loan loss provisions for Q3FY26 stood at Rs 2,307 crores. The bank holds cumulative provisions (standard + additional other than NPA) of Rs 13,111 crores at the end of Q3FY26.
This is over and above the NPA provisioning included in our PCR calculations, the bank filing said.
These cumulative provisions translate to a standard asset coverage of 1.14% as on December 31, 2025.
On an aggregated basis, Axis Bank’s provision coverage ratio stood at 146% of GNPA as on December 31, 2025.