Axis Bank Q2 FY27 Results: Net Profit Rises 38% to Rs.7,003 Crore
Axis Bank reported growth across key financial metrics during Q2 FY27. Total advances increased 23% YoY to Rs 13,73,727 crore, while total deposits grew 21% YoY to Rs 14,52,066 crore.
The bank's retail loan book grew 16% YoY and 10% QoQ during Q2 FY27. SME loans increased 25% YoY, while corporate loans grew 34% YoY.
Axis Bank Q2 FY27 Key Financial Metrics
- Net Profit: Rs 7,003 crore, up 38% YoY.
- Net Interest Income (NII): Rs 15,371 crore, up 12% YoY and 5% QoQ.
- Core Operating Profit: Rs 10,998 crore, up 11% YoY.
- Net Advances: Rs 13,73,727 crore, up 23% YoY.
- Total Deposits: Rs 14,52,066 crore, up 21% YoY.
- Retail Loan Growth: 16% YoY and 10% QoQ.
- SME Loan Growth: 25% YoY.
- Corporate Loan Growth: 34% YoY.
Axis Bank Asset Quality and Capital Position
Axis Bank's asset quality improved during the quarter. The Gross NPA ratio stood at 1.16%, down from 1.46% in the corresponding quarter of the previous year. The Net NPA ratio declined to 0.35% from 0.44% a year earlier.
The bank maintained its capital position, with its Capital Adequacy Ratio (CAR) at 16.27% and CET-1 ratio at 14.61% as of September 30, 2026.
- Gross NPA: 1.16%, compared with 1.46% a year earlier.
- Net NPA: 0.35%, compared with 0.44% a year earlier.
- Capital Adequacy Ratio (CAR): 16.27% as of September 30, 2026.
- CET-1 Ratio: 14.61% as of September 30, 2026.
Axis Bank Q2 FY27 Highlights
- Quarter: Q2 FY27.
- Net Profit: Rs 7,003 crore.
- Net Interest Income: Rs 15,371 crore.
- Core Operating Profit: Rs 10,998 crore.
- Net Advances: Rs 13,73,727 crore.
- Total Deposits: Rs 14,52,066 crore.
- Gross NPA: 1.16%.
- Net NPA: 0.35%.
- CAR: 16.27%.
- CET-1 Ratio: 14.61%.
What to Watch Next
- Asset Quality: Changes in Gross and Net NPA ratios in subsequent quarters.
- Loan Growth: Whether advances growth continues following the 23% YoY increase reported in Q2 FY27.
- Deposit Growth: Trends in deposits following the 21% YoY increase.
- Retail and Corporate Lending: Performance trends across the retail, SME and corporate loan books.
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