Investor Presentation Q2FY27

AXIS/CO/CS/474/2026-27 October 17, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers, Plot No. C/1, “G” Block Dalal Street Bandra-Kurla Complex Fort, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 NSE Symbol: AXISBANK BSE Scrip Code: 532215 Dear Sir/Madam, REF.: DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (“SEBI LISTING REGULATIONS”) SUB.: PRESS RELEASE AND INVESTOR PRESENTATION ON THE FINANCIAL RESULTS OF AXIS BANK LIMITED (“BANK’) FOR THE QUARTER AND HALF-YEAR ENDED SEPTEMBER 30, 2026 In reference to our letter no. AXIS/CO/CS/403/2026-27 dated September 17, 2026, and pursuant to Regulation 30 of the SEBI Listing Regulations, a copy of the Press Release and Investor Presentation on the unaudited standalone and consolidated financial results of the Bank for the quarter and half- year ended September 30, 2026, are attached herewith. This is for your information and records. Thanking You. With warm regards, For Axis Bank Limited Sandeep Poddar Company Secretary Encl: as above CC: London Stock Exchange Singapore Stock Exchange PRESS RELEASE AXIS BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30th SEPTEMBER 2026 Robust growth in deposits at 21% YOY and 6% QOQ and advances at 23% YOY and 9% QOQ; PAT up 38% YOY to ` 7,003 crores aided by strong NII growth at 12% YOY and improving asset quality o YOY QAB1 | MEB1 basis total deposits up 23% | 21%, TD1 up 28% | 27%, CA grew 15% | 7%, SA up 13% | 12%, respectively o Raised FCNR (B) deposits of ₹1,018 bn, incl. ₹438 bn backed by advances from Bank’s international branches and ₹449 bn backed by standby letters of credit o Retail loans grew 16% YOY and 10% QOQ, of which SBB2 book grew 21% YOY and Retail disbursements grew 22% YOY o YOY | QOQ basis, SME loans up 25% | 9%, Corporate loans up 34% | 8% of which Mid-Corporate loans up 29% | 9% o Net Interest Income up 12% YOY and 5% QOQ; Core operating profit at ₹10,998 crores, up 11% YOY o Cost to assets at 2.14%, declined 6 bps QOQ and 24 bps YOY, delivered positive jaws on core operating revenue o CET-1 ratio at 14.61%, accreted 23 bps to CET-1 in H1FY27, capital adequacy ratio (CAR) stood at 16.27% o GNPA at 1.16% down 30 bps YOY, NNPA at 0.35% down 9 bps YOY, net slippage ratio at 0.75% down 30 bps YOY o Acquired ~1.09 mn cards in Q2FY27, with the market share of ~13.1%3 of cards in force o Continue to maintain market leading position in UPI Payer PSP, with a market share of ~38%4 and lowest technical declines amongst top 50 UPI Remitter Members5 This quarter, Axis Bank continued to build its all-weather franchise through investments in digital trust, payments innovation, AI capabilities, network growth and talent. Reinforcing its leadership in digital payments and secure banking, Axis Bank became the first Indian bank to bring Apple Pay to its credit card customers across Mastercard and Visa networks, making it a milestone moment for the industry. The Bank continued to focus on smart partnerships, expanding its travel-focused offerings with Scapia and MakeMyTrip. It also advanced its technology transformation agenda through the launch of Express Banking: Digital Banking Point 2.0 and AI Soundbox in partnership with Hitachi Payment Services, while implementing the next phase of its AMS 2.0 programme with Cognizant to further drive efficiency and productivity. Axis Bank rolled out two campaigns during the quarter: “OPEN ki aadat pad jaayegi”, showcasing the convenience, personalisation and security offered through its OPEN app, and “Far Away But Never Apart”, celebrating the connection NRIs maintain with India. Customer engagement and talent development remained key priorities during the quarter. The Bank launched Sparsh Week 2026, its flagship customer engagement initiative; introduced ARISE Homecoming for globally educated Indians looking to build careers in India; and concluded MOVES 2026, engaging over 43,000 students from more than 110 institutions to reimagine the future of banking and organisations. The quarter also saw Axis Bank deepen its contribution to Indian sports through the launch of Axis Bank-GoSports Foundation Performance Institute and the development of Axis Bank Sanjeeva Singh Olympic Archery Centre, supporting and nurturing the country’s budding sports talent. The Bank received several industry recognitions during the quarter, including India's Best Digital Bank at the Euromoney Awards for Excellence 2026, Brandon Hall Awards 2026 for learning and leadership development, ICC Emerging Asia Awards 2026 for AI/ML implementation and MSME acceleration, multiple honours at the ABF Retail and Wholesale Banking Awards 2026, and the CEO of the Year Award at the SABRE South Asia Awards 2026. Amitabh Chaudhry, MD & CEO, Axis Bank, said: “As customer expectations continue to evolve, our focus remains on building a franchise that combines innovation, trust and execution at scale. This quarter, we built on our leadership in digital payments and secure banking while advancing our technology agenda through AI-driven innovation and strategic partnerships. We expanded our reach, enhanced customer propositions, invested in talent, and deepened our contribution to communities. Together, these efforts reflect our commitment to creating long-term value for our customers, stakeholders and the broader economy.” The Board of Directors of Axis Bank Limited approved the financial results for the quarter and half year ended 30th September 2026 at its meeting held in Mumbai on Saturday, 17th October 2026. 1 MEB: Month End balance, QAB: Quarterly Average Balance, TD: Term Deposits 2 SBB: Small Business banking 3 Based on RBI reported Credit cards data as of Aug’26, 4 In terms of volume for Q2FY27; 5 NPCI data for top 50 UPI Remitter Members, last 12 months average as of Aug’26 Q2FY27 Performance at a Glance • Healthy core operating performance supported by strong NII o Core operating revenue at ₹21,817 crores, up 10% YOY o Net Interest Margin (NIM) at 3.36%; and excl. of FCNR (B) impact NIM at 3.47% o Fee income up 6% YOY; granular fee constituted 90% of overall fees • Robust deposit growth sustained across average and period end balances supported by CASA & FCNR (B) inflow o QOQ QAB1 | MEB1 basis, total deposits up 7% | 6%; TD1 up 10% | 8%, CA up 3%| -%, SA up 2% | 2%, respectively o QAB1 | MEB1 CASA grew 14% | 11% YOY and 3% | 2% QOQ, CASA ratio at 35% | 36%, respectively o Cost of funds decreased by 8 bps YOY • Strong loan growth delivered supported by sustained growth in retail disbursements o Advances grew 23% YOY and 9% QOQ; Bank’s focus segments2 grew by 18% YOY and 6% QOQ o SBB2+SME+MC at ₹3,316 bn | 24% of total loans, grew 25% YOY, up ~772 bps in the last 5 years o Retail loans grew 16% YOY of which SBB book grew 21% YOY and 7% QOQ, and Rural loans grew 20% YOY and 4% QOQ, Retail disbursements grew 22% YOY • Well capitalized with adequate liquidity buffers o Additional cushion of ~49 bps over the reported CAR, attributable to other provisions3 and one-time standard asset provision3 aggregating ₹8,006 crores o Excess SLR of ₹1,04,306 crores o Average LCR4 during Q2FY27 was ~ 119% • Continue to maintain our strong position in Payments and Digital Banking o Axis Mobile app continue to be among the world’s top rated5 Mobile banking app on Google Play store and iOS app store with a rating of 4.8 on both, with ~16 mn MAU6 o Continues to be amongst the largest player in Merchant Acquiring business with terminal market share7 of ~25.7% • Stable asset quality o GNPA at 1.16% down 30 bps YOY and 12 bps QOQ, NNPA at 0.35% down 9 bps YOY and 4 bps QOQ o PCR healthy at 70%; On an aggregated basis, Coverage8 ratio at 164% up 17% YOY o Gross slippage ratio9 at 1.48%, down 63 bps YOY & 31 bps QOQ, Net slippage ratio9 at 0.75%, down 30 bps YOY & 37 bps QOQ o Net credit cost9 at 0.45%, down 28 bps YOY and 18 bps QOQ • Key domestic subsidiaries10 delivere [Showing first 8,000 characters — download PDF for full document]