Axis Bank Q2 net profit jumps 38% on higher net interest income
Axis Bank's Q2 FY27 net profit rose 38% year on year to Rs 7,003 crore, and its asset quality improved over the same period.
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what happened
According to ru.tradingview.com, India's private lender Axis Bank posted second-quarter FY27 net profit of Rs 7,003 crore, up from Rs 5,089 crore a year earlier, a 38% year-on-year gain. Net interest income rose 12% to Rs 15,371 crore, and an improvement in asset quality supported the result.
The gross non-performing asset ratio fell 30 basis points to 1.16%, while the net NPA ratio declined to 0.35%. Advances grew 23% year on year to Rs 13.74 lakh crore, and deposits rose 21% to Rs 14.52 lakh crore.
For the first half of FY27, net profit climbed 30% to Rs 14,117 crore. At the time of publication, Axis Bank shares were up 1.2% year to date, while the Nifty 50 had fallen 11.5%.
why it matters
The results suggest that loan growth and net interest margins in India's banking sector are still expanding, and lower bad-loan ratios reduce risk for investors. For the Indian market, the figures are a useful gauge of bank balance sheet quality.
market impact
Indian banks: Axis Bank's strong results support sector interest and Nifty 50 sentiment
tags
instruments
sources
- Axis Bank Q2 Results: Net profit jumps 38% YoY- Check asset quality, stock trend, and other key highlights — ru.tradingview.com, 17 October 2026 at 11:20 UTC
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