Axis Bank Limited · NSE:AXISBANK
Axis Bank — Q3 FY2026 Earnings Presentation
78 slides from Axis Bank's earnings presentation, Jan 26, 2026
Slide 1: Exchange filing cover letter
AXIS/CO/CS/569/2025-26 January 26, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor 1st Floor, Plot No. C/1, “G” Block P. J. Towers, Bandra-Kurla Complex Dalal Street Bandra (E), Mumbai – 400 051 Fort, Mumbai – 400 001 NSE Symbol: AXISBANK BSE Scrip Code: 532215 De
Slide 2: Press Release: Financial Results for Quarter and Nine Months Ended December 2025
PRESS RELEASE AXIS BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31st DECEMBER 2025 Strong YOY deposits and advances growth of 15% and 14% respectively; Core operating profit up 9% QOQ, PAT up 28% QOQ, aided by steady NII and healthy fee income o QOQ MEB1 | QAB1 basis total
Slide 3: Q3FY26 Performance at a Glance
Q3FY26 Performance at a Glance • Healthy core operating performance aided by stable NII and robust fee income o Net Interest Income up 5% YOY and 4% QOQ, Net Interest Margin (NIM) at 3.64% o Core Operating profit up 7% YOY and 9% QOQ • Strong deposit growth delivered on QAB1 and MEB1 basis aided by
Slide 4: Profit & Loss Account: Period ended 31st December 2025
Profit & Loss Account: Period ended 31st December 2025 Net Interest Income and Net Interest Margin The Bank’s Net Interest Income (NII) for Q3FY26 stood at `14,287 crores up 4% QOQ and 5% YOY basis. Net Interest Margin (NIM) for Q3FY26 stood at 3.64%. Other Income Fee income for Q3FY26 grew 12% YOY
Slide 5: Advances and investments
The Bank’s advances grew 14% YOY and 4% QOQ to `11,59,052 crores as on 31st December 2025. Retail loans grew 6% YOY to `6,44,575 crores and accounted for 56% of the net advances of the Bank. The share of secured retail loans 1 was ~73%, with home loans comprising 26% of the retail book. Small Busine
Slide 6: Wealth Management Business – Burgundy; Capital Adequacy
Wealth Management Business – Burgundy The Bank’s wealth management business is among the largest in India with assets under management (AUM) of `6,87,738 crores at the end of 31st December 2025 that grew 7% QOQ and 8% YOY. Burgundy Private, the Bank’s proposition for high and ultra-high net worth cl
Slide 7: Asset quality, slippages and network
Technical Impact is `4,308 crores. Net slippages for the quarter adjusted for Technical Impact was `2,685 crores. Net slippages in the quarter adjusted for recoveries from written off pool and Technical Impact were `1,886 crores, (Q3FY25 `2,217 crores and Q2FY26 `1,886 crores). Segmentally Retail wa
Slide 8: Financial Performance and Balance Sheet
` crores Financial Performance Q3FY26 Q3FY25 % Growth Net Interest Income 14,287 13,606 5% Other Income 6,226 5,972 4% - Fee Income 6,100 5,455 12% - Trading Income 61 368 (83%) - Miscellaneous Income 65 149 (57%) Operating Revenue 20,512 19,578 5% Core Operating Revenue# 20,451 19,147 7% Operating
Slide 9: Business Performance
` crores As on As on Business Performance st st % Growth 31 December’25 31 December’24 Total Deposits (i)+(ii) 12,60,786 10,95,883 15% (i) CASA Deposits 4,93,073 4,32,855 14% - Savings Bank Deposits 3,21,052 2,89,244 11% - Current Account Deposits 1,72,021 1,43,611 20% CASA Deposits as % of Total De
Slide 10: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “futu
Slide 11: Investor Presentation Quarterly Results Q3FY26
Investor Presentation Quarterly Results Q3FY26 NSE: AXISBANK BSE: 532215 LSE (GDR): AXB
Slide 12: Axis Bank at a glance
Axis Bank at a glance 3rd ~ 54 mn 1,01,850+ 6,110 Axis Bank Employees Branches 1 largest Private Bank in India Customers Traditional Banking Segment Digital Banking Segment Market Share 5.2% 5.0% 5.5% ~ 39% ~ 14% Assets 2 Deposits 2 Advances 2 UPI 3 Credit Cards 4 Profitability 14.15% 3.64% 2.50% 2.
Slide 13: Executive Summary
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q3FY26 3
Slide 14: Major highlights for Q3FY26
Major highlights for Q3FY26 Strong YOY deposits and advances growth of 15% and 14% respectively, core operating profit up 9% QOQ, PAT up 28% QOQ, aided by steady NII and healthy fee income • Net Interest Income up 5% YOY and 4% QOQ, Net Interest Margin (NIM) at 3.64% down 9 bps QOQ Healthy core oper
Slide 15: Key metrics for Q3FY26
Key metrics for Q3FY26 Snapshot (As on 31st December 2025) Deposits Advances Absolute (₹ Cr) QOQ YOY Growth (1) 15% YOY (2) 14% YOY Q3FY26 Q2FY26 9MFY26 Q3FY26 Q3FY26 9MFY26 12% YOY Net Interest Income 14,287 13,745 41,591 4% 5% 3% Fee Income 6,100 6,037 17,883 1% 12% 11% Profit & Loss Operating Exp
Slide 16: Financial Highlights
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q3FY26 6
Slide 17: Deposit and Loan growth performance
Deposit and Loan growth performance All figures in ₹ billion Deposit mix (QAB)1 Segment loan mix YOY QOQ YOY QOQ 11,974 12% 5% 14% 4% 11,397 11,590 10,840 11,048 11,167 10,664 10,597 10,146 10,408 Corporate 27% 7% 3,751 3,497 (32%) 2,994 3,159 2,946 7,492 TD 14% 6% 6,806 7,057 (63%) 6,549 6,690 1,39
Slide 18: Q3FY26 Core operating profit up 9% QOQ, 7% YOY
Q3FY26 Core operating profit up 9% QOQ, 7% YOY All figures in ₹ Crores Operating revenue Operating expense YOY QOQ YOY QOQ 19,758 20,512 5% 1% 18,087 16,031 9,637 7% 3% 5,972 6,226 8,946 9,044 4% 6% 12,493 5,555 4,572 6,331 6,753 3,840 6,865 13% 6,234 6,059 14,286 4,393 4,472 12,532 13,606 5% 4% 11,
Slide 19: Net interest margin trend
Net interest margin trend Advances mix by rate type Cost of Funds MCLR Duration Split (Dec-25) 27% 2% 1M, 5.50% 5.39% 1% 3% 0.4% 5.35% 5.43% 5.44% 5.45% 5.46% 5.17% 5.15% 5.07% 7% 5.03% 3M, 1% 4.75% ~ 73% of 12M, 4% 4.34% loans floating 60% 6M, 2% 1 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q
Slide 20: NIM has seen structural improvement led by multiple drivers
NIM has seen structural improvement led by multiple drivers 1 Improvement in balance sheet mix 2 Reducing share of low yielding RIDF bonds 3 Composition reflected through average1 CASA% Loans and investments as % of total assets 86% 88% 89% 90% 84% As a % to total assets 3.5% 2.3% 1.5% 0.9% 42.9% 43
Slide 21: Healthy growth in fees; granularity built across segments
Healthy growth in fees; granularity built across our business segments All figures in ₹ Crores Retail Banking fees Retail fee mix 12% YOY 41% 44% 43% 4,738 4,269 4,358 24% 25% 24% 3,881 4,051 18% 17% 17% 16% 16% 15% TPP Retail Cards & Payments Retail Assets excl cards & Retail Liabilities & others p
Slide 22: Operating expenses grew at 7% YoY
Operating expenses grew at 7% YoY Increase in Statutory expenses and volume linked cost offset by lower Staff Cost Break-up of operating expenses 9% 5% 6% YoY% - 3% 32% 27% 41% % in growth 7% 163 241 189 -3% Includes Investments Business impact of in IT Infra volumes and Increments Rs. crs 9,044 9,9
Slide 23: Capital and Liquidity Position
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q3FY26 13
Slide 24: Strong capital position with adequate liquidity
Strong capital position with adequate liquidity Bank’s Capital Adequacy Ratio 0.50% 0.43% 19.12% 18.54% 14.43% 14.50% 17.64% 16.63% 17.07% 16.55% 3.72% 3.30% 3.62% 2.40% 2.05% 2.89% 15.40% 15.24% 14.67% 14.50% 14.02% 13.74% CET-1 Sep'25 Accretion Consumption CET-1 Dec'25 Mar-21 Mar-22 Mar-23 Mar-24
Slide 25: Business Segment Performance
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q3FY26 15
Slide 26: Retail Banking
Retail Banking ~51 Mn 4th `6.88 T n Individual Largest issuer of AUM in wealth customers Credit Cards management 6% 2% 56% YOY growth in QOQ growth in Share of Retail advances Rural advances Advances1 8% | 11% 39% 71% YOY Growth in SA CASA ratio Share in QAB2 | MEB3 deposits (MEB3) total fee4 1 Shar
Slide 27: The Deposit journey for Axis Bank
The Deposit journey for Axis Bank should be looked at from three aspects… 1 2 3 We continue to work on improving the …with controlled movement in cost of deposits … growing faster than the industry aided by improved granularization, to improve the quality of over the last 11 quarters and… acquisitio
Slide 28: Led by multiple initiatives across the Bank
…led by multiple initiatives across the Bank Focus on Productivity & Exclusively curated Digital, transformation Premiumization Bharat Banking Partnerships Micro market strategy product propositions SA New to Bank deposits1 up 31% CAGR in Burgundy 21% YOY growth in Salary ~ 24K extensive distributio
Slide 29: Leading player in India's Wealth Management space
Amongst one of the leading player in India’s Wealth Management space Overall Burgundy AUM 1 has grown strongly 31% CAGR1 8% YOY 7% QOQ 6.88 6.35 5.92 5.37 3.57 2.61 2.13 1.47 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Dec-24 Dec-25 All figures In ₹ Tn 19% YOY Burgundy Private AUM ₹2.55 Tn 4% QOQ 21%
Slide 30: ₹6.4 trillion Retail loan book remains well diversified
₹6.4 trillion Retail loan book remains well diversified ~ 73% of our retail book is secured (1) Retail book (in ₹ Billion) in ₹ Crores Dec-25 QOQ YOY % Prop Home Loans 1,70,673 3% 2% 26% 11% Rural loans 93,292 2% - 14% YOY 7% 6% 6% 6% MFI loans are ~2.7% of LAP 83,271 2% 20% 13% retail loans, of whi
Slide 31: Small Business Banking
Small Business Banking SBB Portfolio (in ₹ Cr.) • ₹72,997 crores overall book with Business Loan Well diversified customer base2 (unsecured) book of ₹ 17,171 crores 14% YOY 2% QOQ • ~71% value contribution from Secured products (working 72,997 capital, overdraft, term loans, etc.) 20% 13% 66,757 • ~
Slide 32: Our bet on 'Bharat' is growing from strength to strength
Our bet on ‘Bharat’ is growing from strength to strength, with a focus on building a distinct model • Drive higher business growth and increase market share in Rural and Semi Urban (RuSu) markets through asset led liability strategy • Lending opportunities in RuSu markets to complement the Bank’s ov
Slide 33: Trend in Credit Card issuances
Trend in Credit Card issuances Axis Bank Magnus Credit Card Strong card issuances aided by KTB1 partnerships In million 1.21 1.26 1.24 1.13 1.11 1.04 1.06 1.07 0.96 0.95 0.77 0.79 0.68 Indian Oil Axis Bank Credit Card Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY2
Slide 34: Trend in Card spends and POS terminals
Trend in Card spends and POS terminals ‘GRAB DEALS’, Axis Bank's exclusive shopping platform has scaled up significantly Ranked amongst the largest Merchant Acquiring Bank led by ‘One Axis’ focus, improved product capabilities ₹196 crores GMV (9MFY26) ~3 lakh transactions (9MFY26) and partnerships T
Slide 35: Well distributed branch network
We have a very well distributed branch network Branch presence across categories Axis Virtual Centre Domestic branch network1 7% YOY 19% 6,110 30% 5,876 5,377 4,903 ~4.1 mn 8 4,758 Customer connect 2 Centers 28% 1,582 23% Virtual RMs Mar-22 Mar-23 Mar-24 Mar-25 Dec-25 Metro Urban Semi-Urban Rural •
Slide 36: Corporate & Commercial Banking
Corporate & Commercial Banking 27% 22% 31% YOY growth in Corporate YOY growth in YOY growth in loans SME loan book Mid Corporate book 5% 90% 88% YOY growth in Share of corporate Incremental sanctions Transaction Banking Fees advances to clients to A-and above1 (for Q3FY26) rated A-and above 10% | 20
Slide 37: Relationship led franchise driving synergies across One Axis
Strong relationship led franchise driving synergies across One Axis entities… We have re-oriented the organisation structure in Corporate & Commercial Banking for delivering execution excellence • Segregated the responsibilities of coverage and product groups to ensure sharper focus • Corporate & Co
Slide 38: 90% of the book rated A- and above
…with 90% of the book rated A- and above 90% of the corporate loan book is Corporate Loans Overseas corporate loan book rated A- or better In ₹ Cr YOY QOQ • 87% is India linked based on standard book • 68% of book as on 31.12.2025 is rated AA- & above • 96% is rated A- and above based on standard bo
Slide 39: Strengthened proposition as a Transaction Bank
We have strengthened our proposition as a Transaction Bank Current Account Digital Adoption 83% Current Account customers 20%YOY growth in Current Account, Month registered for internet/mobile banking End Balances (Q3FY26) Foreign LC Market Share2 BBPS Value Market Share 3 Market Share at Market Sha
Slide 40: Well placed to benefit from vibrant Corporate Bond market
We remain well placed to benefit from a vibrant Corporate Bond market Placement & Syndication of Debt Issues All figures in ₹ Crores Movement in corporate bonds Amount mobilized / arranged1 Market share and Rank2 6th 1st 25% 19% YOY 90,213 75,693 17% 15.6% 14% 6.6% 73,808 14% 13% 9MFY25 9MFY26 Q3FY2
Slide 41: neo by Axis Bank
neo by Axis Bank | Empowering Businesses with Cutting-Edge Digital Solutions from Account Opening to Seamless Web & Mobile Experiences Transformational Impact of Neo reflected in …with a fully digital application that sets new standards for the strong product-market fit supported by Highly rated Mob
Slide 42: Industry-wise Distribution (Top 10)
Industry-wise Distribution (Top 10) All figures in ` Crores Outstanding1 as on 31st Dec'25 Total Rank Advances Investments Non-fund based Sectors Value (in % terms) 1. Financial Companies2 96,476 33,909 51,857 182,242 12.63% 2. Engineering & Electronics 27,731 - 42,239 69,970 4.85% 3. Real Estate3 5
Slide 43: Business Performance: Commercial Banking
Business Performance Commercial Banking
Slide 44: Strong growth in SBB+SME+MC book
Strong growth in SBB+SME+MC book despite tightening our risk standards All figures in ` Crores 24% 23% 21% 25%1 CAGR2 20% 2,80,015 17% 2,30,055 67,691 30% CAGR2 1,97,509 1,52,201 51,762 25% 44,984 CAGR2 in combined MSME, MC and 34,511 1,39,327 20% CAGR2 SBB segment 1,13,751 1,14,101 23,393 98,989 79
Slide 45: Commercial Banking
Commercial Banking • One of the most profitable segments of the Bank with high PSL coverage • Data driven credit decisions, simplified products and digitized operations aiding higher business growth All figures in ` Crores SME Advances 13% 15% 15% 15% 15% 15% 22% YOY 6% QOQ 87% 85% 85% 85% 85% 85% ₹
Slide 46: SME lending
SME lending Book by Loan size Well diversified Geographical mix Well diversified Sectoral mix 15% 15% 27% 25% 15% 10% 18% 29% 13% 8% 19% 9% 2% 29% 18% 7% 2% West 1 West 2 South 1 2% 6% Less than 5 cr 5 cr to 10 cr South 2 South 3 North 1 3% 2% 10 cr to 25 cr More than 25 cr 3% 8% North 2 East & othe
Slide 47: Digital Banking
Digital Banking 97% 91% 59% 75% 49% 64% Digital Credit cards New MF SIP New SA Individual RTDs PL disbursed (end-to-end digital) transactions1 issued2 (Q3FY26) volume (Q3FY26) acquisition3 value (Q3FY26) (in Q3FY26) D2C products 250+ 300+ 4.7 ~15 Mn+ 480 4,300+ Services on Employee tool Mobile App 4
Slide 48: Our digital strategy: open by Axis Bank
Our digital strategy: open by Axis Bank Open by Axis Bank – A Fully Digital Bank within the Bank Proprietary, distinctive digital - Distinctive In-house Digital Capability across People, Tech & Processes A native capabilities Acquire New Customers at Scale - 49% of retail individual TDs acquired dig
Slide 49: open by Axis Bank one stop solution for digital banking
open by Axis Bank is a one stop solution for all the digital banking needs having: Leadership in technology with several A industry firsts B Distinctive customer experience C We continue tobased scale up Account Aggregator use cases 1st 75% 6.7x ~1.5m 99.68% of Branch service request YOY growth in A
Slide 50: UPI has scaled up tremendously
UPI has scaled up tremendously to become a key channel for customer transactions We have developed best-in-class UPI stack that enables us to offer cutting edge customized solutions across SDK, Intent, Collect and Pay offerings apart from new use cases like UPI AutoPay Dedicated IT cloud infrastruct
Slide 51: Asset Quality
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q3FY26 41
Slide 52: GNPA, slippages and credit costs improved YOY
GNPA, slippages and credit costs improved YOY GNPA at 1.40% & NNPA at 0.42% Segmental composition Retail CBG WBG Total 1 1 1 1 66% 68% 91% 70% 1 1.46% 1.57% 1.46% 1.40% 1.28% 1.21% 2.06% 0.35% 0.33% 0.45% 0.44% 0.42% 0.61% 1.40% 0.33% 0.71% 0.74% 0.05% 0.42% 0.24% Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26
Slide 53: Detailed walk of NPAs over recent quarters
Detailed walk of NPAs over recent quarters All figures in ₹ Crores Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Gross NPAs - Opening balance A 15,466 15,850 14,490 17,765 17,308 Fresh slippages B 5,432 4,805 8,200 5,696 6,007 Upgradations & Recoveries C 1,915 2,790 2,147 2,887 2,872 Write offs D 3,133 3,375 2
Slide 54: Summary of Technical Impact across asset quality parameters
Summary of Technical Impact across various asset quality parameters 1 Reported Excl. Technical Impact Q3FY26 Q2FY26 Q1FY26 Q3FY26 Q2FY26 Q1FY26 Particulars ₹ crs % ₹ crs % ₹ crs % ₹ crs % ₹ crs % ₹ crs % Gross Slippage 6,007 2.11% 5,696 2.11% 8,200 3.13% 4,308 1.51% 4,184 1.55% 5,491 2.10% - WBG 165
Slide 55: Summary of Technical Impact across asset quality parameters
Summary of Technical Impact across various asset quality parameters 1 Technical Impact Particulars Q3FY26 Q2FY26 Q1FY26 ₹ crs % ₹ crs % ₹ crs % Gross Slippage 1,699 0.60% 1,512 0.56% 2,709 1.03% - WBG 75 102 234 - CBG 257 210 310 - Retail 1,367 1,200 2,165 Net Slippage 450 0.16% 280 0.10% 1,861 0.71
Slide 56: Sustainability
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q3FY26 46
Slide 57: ESG focus continues to have Bank-wide sponsorship
ESG focus continues to have Bank-wide sponsorship Our Purpose Statement: Banking that leads to a more inclusive and equitable economy, thriving community and a healthier planet Steady Performance on Global ESG Benchmarks Latest S&P DJSI ESG Score 2025 - 60 Environmental Social Governance ~ ₹48,412 C
Slide 58: Committed to Positive Climate Action and SDGs
Committed to Positive Climate Action and Achieving the SDGs In September 2021, the Bank announced commitments aimed at supporting India’s low-carbon and equitable economic transition towards achieving the SDGs and India’s commitments under the Paris Agreement Our Commitment Unit Achievement by FY 20
Slide 59: Sparsh 2.0 Customer Experience program
Sparsh 2.0, our enhanced Customer Experience program, simplifies interactions, driving NPS, digitization, with a focus on customer loyalty and business growth NPS Digital Enablers Sparsh embedded across all customer Sparsh is committed to delivering smart banking: Industry-first LIVE initiatives upd
Slide 60: Subsidiaries' Performance
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q3FY26 50
Slide 61: Value in our key group entities
Continue to create significant value in our key group entities One Axis Group Investment Banking Consumer Retail Fintech Asset Management Trustee TReDS platform Insurance & Inst Equities focused NBFC Brokerage platform Among the prominent MF Among the leaders in AAA rated NBFC with Amongst the leadi
Slide 62: Axis Finance: PAT up 12% YOY
Axis Finance : PAT up 12% YOY, Retail + MSME book up 30% YOY All figures in ₹ Crores Healthy Assets Under Finance (AUF) growth Robust operating and asset quality metrics Book Highlights 33% CAGR3 20% YOY CAGR1 YOY 44,972 AUF 29% 22% 1,244 34% CAGR3 12% YOY 39,079 3,884 Retail + MSME 45% 30% 1,260 36
Slide 63: Axis AMC: PAT up 20% YOY
Axis AMC : PAT up 20% YOY All figures in ₹ Crores 14% CAGR1 Overall QAAUM 11% YOY AAUM Asset by Class 20% CAGR2 Trend in PAT 20% YOY 3,60,575 3,21,506 3,26,098 6% 5% 17% 2,59,818 2,74,265 2,41,415 501 454 1,96,549 415 414 357 378 18% 242 55% Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Dec-24 Dec-25 FY21 FY22
Slide 64: Axis Capital: PAT up 20% YOY
Axis Capital : PAT up 20% YOY, Among the leading players in Equity Capital Markets Investment Banking Highlights Institutional Equities Highlights • Announced 19 Investment Banking transactions across Capital Markets, • 288 stocks under coverage (16 new initiations in Q3FY26) Private Placement & Adv
Slide 65: Axis Securities: 14% YOY growth in customer base
Axis Securities : 14% YOY growth in customer base 15% CAGR1 Total customer base (in mn) 14% YOY Major Highlights 6.95 6.36 • 14% YOY growth in customer base as on 31.12.2025 6.11 5.55 4.86 • 47% of the volumes in Q3FY26 was from Mobile trading 4.17 3.63 • 53% of clients traded through Axis Direct Mo
Slide 66: Axis Trustee: PAT up 95% YOY
Axis Trustee: PAT up 95% YOY All figures in ₹ Crores Assets under Trust 8% YOY 15% CAGR1 Major Highlights 51,22,959 47,44,704 47,39,153 • 38% YOY growth in New Business with 50% Share of Total Operating 39,04,153 Income 29,94,794 30,01,067 26,43,586 • 112% YOY revenue growth in InvIT / REIT (Incl. S
Slide 67: Invoicemart setting a new benchmark in TReDS
Invoicemart setting a new benchmark in TReDS • A.TREDS Ltd digital invoice discounting platform ‘Invoicemart’ has set a new benchmark by facilitating financing of MSME Progress so far (Jul’17 to Dec’25) invoices of more than ₹2,50,000 crs+ Throughput • Invoicemart has helped in price discovery for M
Slide 68: Freecharge: Demerger Completed
Freecharge: Demerger Completed; Focus on Integration, Stabilisation, and Scaling Merchant Lending & Payments Businesses Merchant Business Payment Aggregation Consumer Payments & Financial Services • Continue to scale unsecured loans (MCA, and • GMV remains stable, with continued focus on • Microfina
Slide 69: Other Important Information
Executive Summary Executive Summary Financial Highlights Financial Highlights Capital and Liquidity Position Business Segment Performance Asset Quality Sustainability Subsidiaries’ Performance Other Important Information Quarterly Results Q3FY26 59
Slide 70: Awards and recognitions
Our winning mindset is reflected in multiple awards and recognitions… Won “Infosys Finacle Innovation Award 2025”, for Maximizing Won “Data Impact Award 2025 Customer Engagement – Neo for (APAC) under the category- Corporates, Business Model Operational Excellence for Open Won ‘Domestic Retail Bank
Slide 71: Shareholding Pattern (as on Dec 31, 2025)
Shareholding Pattern (as on Dec 31, 2025) Life Insurance Corporation Others 7.89% 6.29% Foreign Institutional GDR's Investors 3.26% 41.18% Indian Institutions 41.38% ▪ Share Capital `621 crores ▪ Shareholders’ Funds `196,709 crores ▪ Book Value Per Share `634 ▪ Diluted EPS (Q2FY26) (Annualised) `82.
Slide 72: Financial Performance
Financial Performance Financial Performance (₹ crores) Q3FY26 Q3FY25 % Growth 9MFY26 9MFY25 % Growth Interest Income A 32,274 30,954 4% 94,308 91,435 3% Other Income B = C+D+E 6,226 5,972 4% 20,108 18,478 9% - Fee Income C 6,100 5,455 12% 17,883 16,166 11% - Trading Income D 61 368 (83%) 1,979 1,886
Slide 73: Financial Performance ($ mn)
Financial Performance Financial Performance ($ mn) Q3FY26 Q3FY25 % Growth 9MFY26 9MFY25 % Growth Interest Income A 3,591 3,444 4% 10,493 10,174 3% Other Income B = C+D+E 693 665 4% 2,237 2,056 9% - Fee Income C 679 607 12% 1,990 1,799 11% - Trading Income D 7 41 (83%) 220 210 5% - Miscellaneous Inco
Slide 74: Balance Sheet
Balance Sheet Balance Sheet As on 31st Dec’25 As on 31st Dec’24 As on 31st Dec’25 As on 31st Dec’24 % Growth CAPITAL AND LIABILITIES In ` Crores In ` Crores in $ Mn in $ Mn Capital 621 619 69 69 0.3% Reserves & Surplus 1,96,088 1,70,660 21,818 18,988 15% ESOP Outstanding 1,271 1,019 141 113 25% Depo
Slide 75: Legacy asset quality issues adequately addressed
Legacy asset quality issues adequately addressed Overall Credit Costs: FY10 to Q2FY26 3.57% Trend in BB corporate book (Fund based as % of GCA) 3.53% 7.29% Credit Cost 2.82% Net Credit Cost 2.78% 20 year average: 2.15% (FY06 to FY25) 1.91% 1.32% 1.87% 1.70% 0.16% 1.89% 1.35% Jun'16 Mar'19 Dec'25 1.6
Slide 76: Limited restructuring, largely secured and well provided
Limited restructuring, largely secured and well provided All figures in ₹ Crores Bank’s Net NPA1 and Fund based BB and Below 1 portfolio Update on restructured book PCR (excluding technical write offs) at 70%; net NPA at 0.42% Outstanding Covid (1+2) restructuring as on 31.12.2025 Implemented 76% 75
Slide 77: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “futu
Slide 78: Thank You
Thank You Quarterly Results Q3FY26 68