Axis Bank's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion.
FY26 standalone net profit declined 7.3% YoY to ₹24,456.66 crore despite a tax benefit of ₹2,193.20 crore from Citi acquisition intangibles.
The Board recommended a final dividend of ₹1 per share (50%) for FY26, subject to shareholder approval at the AGM.
The Bank made significant additional provisions totaling ₹3,232 crore in FY26 to strengthen its balance sheet and for PSL declassification.