Earnings Snapshot: Axis Bank, HDFCLIFE, IRFC, HDFCAMC and L&T Finance
- Share.Market
- 5 min read
- Published at : 16 Oct 2025 12:35 PM
- Modified at : 16 Oct 2025 02:46 PM
AXISBANKNet Interest Income ₹13,745 crores 🔼 2%
PAT ₹5,090 crores 🔻 26%
Axis Bank reported a quarter (Q2 FY26) of strong operational growth and digital dominance, despite a significant 26% decline in reported Net Profit to ₹5,090 crores. This profit drop was primarily due to a ₹1,231 crore one-time standard asset provision made during the quarter, which caused total provisions to surge. The bank’s underlying business remains solid: Core Operating Profit grew 3%, driven by Fee income growth of 10%.
The bank continued to expand its market presence, with Total Deposits growing 4% and Advances growing 5% quarter-on-quarter, fueled by strong growth in SME and Mid-Corporate loans. Asset quality remained stable, with Gross NPA improving to 1.46% and Net NPA staying low at 0.44%. Digitally, Axis Bank maintained its leadership as the market leader in the UPI Payer PSP segment with a ≈37% share and crossed 15 million Cards in force, underscoring strong customer traction in digital channels.
HDFCLIFERevenue ₹20,422 crores 🔻 28%
PAT ₹448 crores 🔼 3%
HDFC Life Insurance reported a steady performance for the quarter ended September 30, 2025 (Q2 FY26), showing resilient operational revenue despite a dip in final profit compared to the previous quarter.
The company’s core insurance business continued to expand, reflected by Net Premium Income reaching ₹18,871 crores for the quarter. The Embedded Value (EV) grew significantly to ₹50,501 crore in the half-year, demonstrating strong long-term value creation. Additionally, the Board approved raising funds up to ₹75,000 Lakh through Non-Convertible Debentures (NCDs), indicating plans to strengthen its capital base for future growth. Overall, HDFC Life maintained its strategic focus on expanding its business and fortifying its financial position.
IRFCRevenue ₹6,372 crores 🔻 8%
PAT ₹1,777 crores 🔼 10%
Indian Railway Finance Corporation (IRFC) reported its highest-ever Profit After Tax (PAT) for the half-year ended September 30, 2025, showing a robust double-digit growth of 10.45%. This strong performance was primarily due to the success of its strategic diversification, which led to improved Net Interest Margin of 1.55%.
The core operational metric highlighting this pivot was the massive ninefold increase in new business agreements executed across railway-linked sectors, such as renewable energy and industrial infrastructure, totaling ₹34,538 crores. IRFC also achieved its highest-ever Net Worth and Earnings Per Share (EPS).
The Board declared the highest-ever interim dividend of ₹1.05 per share.
HDFCAMCRevenue ₹1,027.40 crores 🔼 6.18%
PAT ₹718.43 crores 🔼 24.6%
HDFC AMC delivered a quarter of strong operational growth, largely driven by its managed assets and deep market penetration. The company’s Quarterly Average Assets Under Management (QAAUM) reached ₹8,814 billion, reflecting a 16% growth year-on-year. This growth was particularly strong in the highly profitable Debt segment, which grew 20% year-on-year, pushing its market share to 13.5% in that category. The company’s extensive reach, servicing nearly 98% of all pin codes and utilizing a network of over 103,000 distribution partners, continues to drive sustained momentum across India.
The company announced its first-ever bonus issue in the ratio of 1:1, with the Record Date set for Wednesday, November 26, 2025.
LTFRevenue ₹4,335.75 crores 🔼 7.87%
PAT ₹734.88 crores 🔼 5.48%
L&T Finance (LTF) delivered a strong Q2FY26, driven by retail segment growth and stable operational metrics. Consolidated PAT reached ₹ 735 Cr, marking an increase of +6% YoY.
The financial numbers increased due to robust activity, with Total Income growing 8% YoY and Consol NIMs+Fees remaining steady at 10.22%. RoA stood at 2.41%.
Retail performance was paramount, with the Retail Book crossing the ₹ 1 lakh Cr milestone to reach ₹ 1,04,607 Cr, reflecting +18% YoY growth. Retail disbursements soared to ₹ 18,883 Cr, an increase of 25% YoY. This was notably fueled by Personal Loans disbursements growing 114% YoY, and Rural Business Finance disbursements up 16% YoY. The credit cost (before macro) directionally reduced to ₹ 785 Cr.
Future plans focus on achieving Lakshya 2026 goals and expecting overall credit cost to tend towards normalisation in H2FY26. Strategic digital initiatives include the full implementation of Project Nostradamus for all lines of business by Dec’25, and LTF is building its Gold Finance franchise through a planned set-up of 200+ new branches in FY26.
Note: The stock prices mentioned are as of 12:35
