Axis Bank Set to Announce Q3 FY25 Earnings Today on January 16, 2025

Axis Bank, one of India’s leading private sector lenders, is set to release its earnings for the third quarter of FY25 on January 16, 2025.

Allotment of Equity Shares Under ESOP 

Ahead of Q3 Number Axis Bank has allotted 1,15,132 equity shares of ₹2 each on December 4, 2024, under its Employee Stock Option Plan (ESOP) and Restricted Stock Unit (RSU) Scheme. Following this allotment, the bank’s paid-up share capital has increased from ₹6,189,021,008 (3,094,510,504 equity shares of ₹2 each) to ₹6,189,251,272 (3,094,625,636 equity shares of ₹2 each).

Q2 FY25 Performance 

Private sector lender Axis Bank reported a standalone net profit of ₹6,918 crore for Q2 FY25, up from ₹5,864 crore in the same quarter of the previous financial year. The bank’s Net Interest Income (NII) rose to ₹13,483 crore, with a Net Interest Margin (NIM) of 3.99% for the quarter.

Operating profit increased to ₹10,712 crore year-on-year (YoY) and quarter-on-quarter (QoQ), while core operating profit (excluding trading profit) rose to ₹9,601 crore YoY. Fee income grew 6% QoQ and 11% YoY to ₹5,508 crore, with retail fees constituting 70% of the total fee income, advancing 11% YoY and 5% QoQ.

Stock Performance Performance 

On January 16, 2025, at 3:04 PM (IST), Axis Bank’s share price traded up by 0.93% at ₹1,036.90. Over the past year, the stock hit a 52-week high of ₹1,339.55 on July 12, 2024, and a 52-week low of ₹995.95 on April 19, 2024.

The total traded volume for Axis Bank shares stood at 2 lakh, with a turnover of ₹20.74 crore on the Bombay Stock Exchange (BSE). At its current price, the stock is trading at a price-to-earnings (P/E) ratio of 12.16x, based on its trailing 12-month earnings per share (EPS) of ₹84.50. The price-to-book (P/B) ratio is 1.93, reflecting strong valuation metrics.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.