Axis Bank reported its second-quarter results today. The bank’s net profit stood at Rs 5,090 crore, a decline of 26.42% year-on-year. The net profit was Rs 6,917.57 crore in the same quarter of the previous year (Q2FY25).
On a sequential basis, the bank saw a decline of 12.34% in net profit from Rs 5,806.14 crore in Q1FY26. Net Interest Income stood at Rs 13,744 crore. Here are key highlights from Q2FY26.
The bank’s total income stood at Rs 37,594.81 crore during the quarter, up slightly from Rs 37,141.71 crore a year ago.
Gross Gross Non-Performing Assets (NPAs) slip lower at 1.46% from1.44% in Q1FY26. Net Non-Performing Assets (NNPA) stood 0.44% Vs 0.45%
in the Q2 release the company noted that, Axis Bank made a one-time standard asset provision of Rs 1,231 crore for two discontinued