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Axis Bank Q2 net profit jumps 39 percent to Rs 7704 crore
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News18•17-10-2026, 14:30
Axis Bank Q2 net profit jumps 39 percent to Rs 7704 crore
- •Axis Bank reported a 39.4 percent rise in consolidated net profit to Rs 7,704.67 crore for the second quarter.
- •Standalone net profit increased by 37.6 percent to Rs 7,003.28 crore for the September quarter.
- •Net interest income for Q2 stood at Rs 15,371 crore, marking a 12 percent growth year-on-year.
- •Total advances grew 23 percent year-on-year to reach Rs 13,73,727 crore as of September 30.
- •Gross non-performing asset ratio improved to 1.16 percent, showing a decrease both year-on-year and quarter-on-quarter.
Key Questions Answered
Axis Bank reported a 39.4 per cent rise in its consolidated net profit to Rs 7,704.67 crore for the second quarter of 2026-27. On a standalone basis, the bank's net profit rose 37.6 per cent to Rs 7,003.28 crore compared to Rs 5,089.64 crore in the year-ago period.
The bank's net interest income (NII) for Q2 FY27 reached Rs 15,371 crore, representing a 12 per cent year-on-year and 5 per cent sequential increase. Meanwhile, the net interest margin (NIM) for the quarter stood at 3.36 per cent.
In the reporting quarter ending September 30, 2026, Axis Bank's gross non-performing asset (GNPA) ratio stood at 1.16 per cent, while the net NPA (NNPA) ratio was recorded at 0.35 per cent.
