AXIS Bank FY25: Profit jumps, dividend declared, funds to be raised

AXIS Bank (BSE: AXISBANK) reported a robust financial performance for the year ended March 31, 2025, with net profit before tax reaching INR 34,346.58 crore and recommending a dividend of Re. 1 per equity share (50% of the face value). The Board of Directors, at its meeting on April 24, 2025, approved these results alongside plans to bolster the bank's capital reserves through a combination of debt and equity issuances. The bank has approved raising funds up to INR 35,000 crore through debt instruments, encompassing various types of bonds and debentures. It also intends to raise up to INR 20,000 crore through equity shares, depository receipts, or other equity-linked securities, including QIPs, ADRs, and GDRs. Additionally, the Board approved an increase in the borrowing limit of the Bank up to INR 3,00,000 crore excluding public deposits and temporary loans from the bank's bankers. These fundraising initiatives are subject to shareholder and regulatory approvals. AXIS Bank's operating profit for the financial year reached INR 42,104.93 crore, which supported a dividend of INR 619.47 to all shareholders. The bank's gross NPA decreased to 1.28% demonstrating the bank's credit quality.