Axis Bank Q2 Results 2026: Axis Bank posted a 38% year-on-year (YoY) increase in net profit to ₹7,003 crore in the second quarter of FY27, compared with ₹5,089 crore in the year-ago period.
The private sector lender’s net interest income (NII), which represents the difference between interest earned and interest expended, climbed 12% YoY to ₹15,371 crore. Its net interest margin (NIM) for the quarter stood at 3.36%.
Asset quality continued to improve, with the gross non-performing asset (GNPA) ratio declining 30 basis points (bps) YoY to 1.16% in Q2 FY27. The net non-performing asset (NNPA) ratio also eased by 9 bps from a year earlier to 0.35%.
Meanwhile, Axis Bank’s net slippage ratio fell 30 bps YoY to 0.75% during the quarter.
It has risen 4% in 1 month but lost 1.5% in 3 months and 4.5% in 6 months. Meanwhile, it has gained 8% in the last 1 year.