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Axis Bank Q2 Net Profit Rises to Rs 7,003.3 Crore

Axis Bank reported second-quarter FY27 net profit of Rs 7,003.3 crore, up year on year and below market expectations. Net interest income rose to Rs 15,371.4 crore, exceeding analysts’ expectations.

AXISBANK

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07:41:10 AM UTC
SquawkNews
Axis Bank Ltd., the Mumbai-based private lender, reported September quarter results on Saturday, October 17, that were higher with analyst expectations.Net Interest Income (NII) or the bank's core income stood at ₹15,372 crore. That is a growth of 11.8% from last year. A CNBC-TV18 poll was working…

Axis Bank reported a 37.6 percent year-on-year rise in net profit to Rs 7003.3 crore for the second quarter of FY27 on Saturday, October 17, below market expectations. The private lender's net interest income (NII) increased 11.8 percent to Rs 15371.4 crore, exceeding analysts'…