negative
48 days agoAxis Bank posts 26% drop in Q2 net profit amid provisions
Axis Bank reported a 26% year-on-year fall in net profit during Q2, hurt by higher provisions and a drop in trading income. Net interest income crept up ~2%, but margin pressure and elevated provisioning offset gains. The bank’s gross NPA improved sequentially, though asset quality still faces scrutiny. Investors will watch whether easing interest rate cycles and cost control can revive profitability in coming quarters. The results also triggered gains in other private banking names, boosting market sentiment.
Companies:
- Axis Bank
Tags:
- banks
- markets
negative
48 days agoAxis Bank posts 26% drop in Q2 net profit amid provisions
Axis Bank reported a 26% year-on-year fall in net profit during Q2, hurt by higher provisions and a drop in trading income. Net interest income crept up ~2%, but margin pressure and elevated provisioning offset gains. The bank’s gross NPA improved sequentially, though asset quality still faces scrutiny. Investors will watch whether easing interest rate cycles and cost control can revive profitability in coming quarters. The results also triggered gains in other private banking names, boosting market sentiment.
Companies:
- Axis Bank
Tags:
- banks
- markets
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Axis Bank Q2 profit falls 26% as provisions rise; NII grows modestly despite margin compression.
Axis Bank reported a 26% year-on-year fall in net profit during Q2, hurt by higher provisions and a drop in trading income. Net interest income crept up ~2%, but margin pressure and elevated provisioning offset gains. The bank’s gross NPA improved sequentially, though asset quality still faces scrutiny. Investors will watch whether easing interest rate cycles and cost control can revive profitability in coming quarters. The results also triggered gains in other private banking names, boosting market sentiment.
Axis Bank reported a 26% year-on-year fall in net profit during Q2, hurt by higher provisions and a drop in trading income. Net interest income crept up ~2%, but margin pressure and elevated provisioning offset gains. The bank’s gross NPA improved sequentially, though asset quality still faces scrutiny. Investors will watch whether easing interest rate cycles and cost control can revive profitability in coming quarters. The results also triggered gains in other private banking names, boosting market sentiment.
Companies:
- Axis Bank
Tags:
- banks
- markets
- banks
- markets
- earnings
- india
Oct 16, 2025 • 09:08