Axis Bank Q2FY25 Performance Highlights
Strong growth in key metrics, digital leadership, and strategic expansion.
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by RA ALOK DAIYA SEBI Reg. INH000011468, BSE Enlistment No. 5737
Financial Performance
Net Interest Income
9% YoY growth, NIM at 3.99%.
Fee Income
11% YoY growth, retail fees up 11%.
Operating Profit
H1FY25: Rs 20,819 crore, up 19% YoY.
Deposit and Advance Growth
1
Total Deposits
14% YoY growth, term deposits up 21%.
2
Net Advances
11% YoY growth, 2% QoQ increase.
3
Sector-wise Growth
Retail: 15% YoY, SME: 16% YoY, Corporate: 6% YoY.
Asset Quality and Capital Adequacy
GNPA%
1.44%, down 29 bps YoY and 10 bps QoQ.
NNPA%
0.34%, declined 2 bps YoY.
CAR
16.61%, CET 1 ratio at 14.12%.
Digital Leadership
Merchant Acquiring
20% market share, 36% incremental share last year.
UPI Payer PSP
#1 position with ~31% market share.
Digital Expansion
Balanced with physical branch network growth.
Strategic Expansion
1
Branch Network
150 new branches opened in Q2.
2
Regional Presence
New Corporate Office in Kolkata for Eastern region.
3
Wealth Management
Burgundy Private expanded to 15 new cities.
Profitability Metrics
Management Outlook
Balanced digital prowess and physical expansion, strengthening regional presence.
Focus on customer proximity and bespoke wealth management services.