Axis Bank Q2 profit jumps 38% to Rs 7,003 crore as bad loans fall
Axis Bank's standalone net profit rose 38% year on year as asset quality improved. Margin pressure remains a key issue for investors to watch.
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what happened
Axis Bank reported a 38% year-on-year rise in standalone net profit for the second quarter of FY27, to Rs 7,003 crore. The lender credited higher net interest income, robust credit growth and better asset quality. Net interest income climbed 12% year on year and 5% sequentially, to Rs 15,371 crore.
Net advances grew 23% to Rs 13.74 lakh crore, while total deposits rose 21% to Rs 14.52 lakh crore. Gross non-performing assets fell to 1.16% from 1.46% a year earlier, and net NPAs dropped to 0.35%. The net interest margin stood at 3.36%, or 3.47% excluding FCNR-B deposit mobilisation.
According to TradingView, which published the report, margin protection remains the central question for investors.
why it matters
For India's banking sector, the result shows a strong balance sheet alongside rising pressure on net interest margins. Deposit costs, the durability of credit growth and shifts in funding mix will shape earnings in the coming quarters.
market impact
Indian banks: strong results support the sector, but margins remain under pressure
tags
instruments
sources
- Axis Bank Q2 Profit Jumps 38% To Rs 7,003 Crore As NPAs Fall — ru.tradingview.com, 17 October 2026 at 13:31 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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