Axis Bank's NII grew 1.4% QoQ (up 2% YoY) to Rs 137.4 billion (4% beat).

(Photo: Vijay Sartape/NDTV Profit) Axis Bank reported Q2 FY26 net profit of Rs 50.9 billion (26% YoY decline, 8% miss) amid higher provisions. NII grew 1.4% QoQ (up 2% YoY) to Rs 137.4 billion (4% beat). NIMs contracted 7bp QoQ to 3.73%, aided by 4bp growth from interest reversals.

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