Axis Bank Shares Fall 5% as Q2 Profit Misses Estimates
Axis Bank reported standalone net profit of Rs 7,003 crore for Q2 FY27, below estimates. Higher operating expenses and weaker treasury income offset loan growth; shares fell as much as 5% on Monday.
Axis Bank Q2 FY27 results showed net profit of Rs 7,003 crore, below estimates, as higher operating expenses and weaker treasury income offset loan growthAxis Bank shares fell as much as 5 per cent on Monday after the private sector lender reported September-quarter standalone net profit below mark…