Axis Bank Q2 Results: Net profit jumps 38% YoY- Check asset quality, stock trend, and other key highlights
60-Word AI Digest
Axis Bank reported a 38% year-on-year rise in Q2 FY27 net profit to ₹7,003 crore. Net interest income increased 12% to ₹15,371 crore, while net interest margin was 3.36%. Gross and net NPA ratios fell to 1.16% and 0.35%, respectively.
Key Takeaways
- Axis Bank reported a 38% year-on-year rise in Q2 FY27 net profit to ₹7,003 crore.
- Net interest income increased 12% to ₹15,371 crore, while net interest margin was 3.36%.
- Gross and net NPA ratios fell to 1.16% and 0.35%, respectively.
Axis Bank reported a 38% year-on-year rise in Q2 FY27 net profit to ₹7,003 crore. Net interest income increased 12% to ₹15,371 crore, while net interest margin was 3.36%. Gross and net NPA ratios fell to 1.16% and 0.35%, respectively.
Original Publisher Attribution
This summary was curated from Livemint.