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.
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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.
The lender reported strong loan and deposit growth, higher net interest income and improved asset quality; margin pressures remain a monitorable.
Axis Bank reported second-quarter FY27 net profit of Rs.7,003 crore, up 38% year over year from Rs.5,089 crore.