Axis Bank Q1 Profit Jumps 22% as Margin Expansion Continues
Axis Bank's Q1 FY27 profit grew 22.3% year-on-year, outpacing revenue growth and lifting the net profit margin to 21.5%.
Axis Bank reported strong Q1 FY27 earnings, with profit surging 22.3% year-on-year. Revenue grew 9.9%, and the net profit margin expanded significantly, continuing a positive trend.
Axis Bank has kicked off the new fiscal year with robust earnings growth, demonstrating a clear improvement in profitability. For the quarter ended June 2026, the bank's net profit surged 22.3% compared to the same period last year, comfortably outpacing a 9.9% rise in revenue. This indicates a significant expansion in operating efficiency and net profit margin, which rose by 210 basis points year-on-year to 21.5%.
Sequentially, the bank's performance was steady. Revenue grew 4.0% from the March 2026 quarter, while profit was essentially flat, inching up by 0.3%. This follows a period of strong momentum, as the trailing-twelve-month (TTM) net profit margin stands at a healthy 20.5%.
A look at the last five quarters shows a consistent upward trajectory in both revenue and profit, with profitability strengthening notably over the period.
Revenue (₹ crore)
Profit (₹ crore)
Net Profit Margin (%)
| Metric | CurrentQ1 FY27 | PreviousQ4 FY26 | Same quarter LYQ1 FY26 |
|---|---|---|---|
| Revenue (₹ crore) | 35,542YoY +9.9% | 34,171 | 32,348 |
| Profit (₹ crore) | 7,657YoY +22% | 7,632 | 6,260 |
| Net Profit Margin (%) | 21.5YoY +11% | 22.3 | 19.4 |
Key Points
- The bank's return on equity (ROE) for the period was a solid 13.26%.
- The stock has delivered strong returns, gaining 14% over the past year and 29.5% over three years.
- Axis Bank trades at a P/E of 13.7, which is a modest premium to the industry average of 12.3.
The results solidify a trend of improving profitability, setting a positive tone for the bank's performance in the coming quarters.
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· AXISBANK
(BSE)
ISIN: INE238A01034
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