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One of many key areas of concern within the outcomes was the online curiosity margin (NIM), which dropped to three.97 per cent from 4.06 per cent a yr in the past — a decline of 9 foundation factors. This fall in margins got here regardless of a 6 per cent rise in web curiosity earnings (NII), which stood at Rs 13,811 crore for the quarter.
Together with the earnings, Axis Financial institution additionally introduced a fundraising plan value Rs 55,000 crore. Of this, Rs 35,000 crore will likely be raised by numerous debt devices comparable to long-term bonds and masala bonds.
The remaining Rs 20,000 crore will likely be raised by way of fairness or associated securities. The financial institution’s board additionally determined to extend the borrowing restrict to Rs 3 lakh crore. The board has advisable a closing dividend of Re 1 per share for FY25, based on its inventory trade submitting.
Axis Financial institution’s return on fairness (ROE) stood at 16.02 per cent, with a price-to-earnings ratio (P/E) of 14.17 and a price-to-book worth of two.27. The earnings per share (EPS) had been reported at Rs 85.19, as per the corporate’s filings. Though the inventory closed marginally increased at Rs 1,207.30 on the Bombay Inventory Change (BSE) on Thursday, buyers remained cautious after the quarterly efficiency.
“Whereas the inventory has gained 12.62 per cent up to now this yr, the earnings miss and declining margins might weigh on future sentiment,” studies mentioned. As of March 2025, promoters held an 8.18 per cent stake within the financial institution.
