Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings.
Standalone net profit of India’s fourth-largest private lender by market cap fell 26.4% year-on-year to ₹5,090 crore for the three months ended September 2025, according to an exchange filing. That, even as net interest income, or revenue, rose 2% year-on-year to ₹13,744 crore.
Axis Bank Q2 Results: Key Highlights (YoY)
- Revenue (NII) up 2% at ₹13,744 crore
- Net profit down 26.4% at ₹5,090 crore
- Gross NPAs at 1.46% versus 1.57% (QoQ)
- Net NPAs at 0.44% versus 0.45% (QoQ)
On Wednesday, Axis Bank shares fell 0.65% to ₹1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. The quarterly results were declared after market hours.
This is a developing story. More to come.