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Axis Bank Q2 Results: Net profit jumps 38 percent with improvement in asset quality.
M
Moneycontrol•17-10-2026, 14:03
Axis Bank Q2 Results: Net profit jumps 38 percent with improvement in asset quality.
- •Axis Bank reported a standalone net profit of Rs 7,003.28 crore for the July-September 2026 quarter, marking a 37.59 percent increase year-on-year.
- •Total income of the bank rose over 14 percent to Rs 42,949.32 crore compared to the same period last year.
- •Net Interest Income grew by 11.8 percent annually to reach Rs 15,371.4 crore.
- •Asset quality improved significantly with Gross NPA dropping to 1.16 percent and Net NPA declining to 0.35 percent.
- •Total deposits surged 20.6 percent year-on-year to reach Rs 14.52 lakh crore during the quarter.
Key Questions Answered
Axis Bank reported a standalone net profit of 7,003.28 crore rupees for the July-September 2026 quarter, marking a 37.59 percent increase compared to the previous year.
The bank's asset quality improved as the Gross NPA ratio dropped to 1.16 percent, and the Net NPA ratio declined to 0.35 percent during the September 2026 quarter.
Axis Bank's total deposits increased by 20.6 percent year-on-year to reach 14.52 lakh crore rupees, while advances grew by 23 percent to 13.73 lakh crore rupees in the September 2026 quarter.
