Axis Bank Q2 Profit Rises 38% to Rs 7,003 Crore
Standalone net profit rose 38% year on year in the July-September FY27 quarter, supported by a 52% decline in provisions and improving asset quality.
Mumbai, Oct. 17 -- Axis Bank reported a 38 per cent year-on-year jump in standalone net profit to Rs 7,003 crore for the July-September quarter of FY27, supported by a sharp 52 per cent decline in provisions and improving asset quality, even as its core operating profit grew at a slower pace.Accord…