AXIS BANK (AXISBANK)
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Axis Bank Q2 profit rises 37.6% to ₹7,003 crore as provisions fall
Axis Bank reported a 37.6 per cent year-on-year rise in standalone net profit to ₹7,003 crore for the quarter ended September 2026, driven by strong core income growth, robust loan book expansion, and a sharp decline in provisioning costs. The lender had posted a net profit of ₹5,090 crore in the corresponding quarter last year. Sequentially, profit eased marginally by 1.6 per cent to ₹7,114 crore from ₹7,214 crore in Q1 FY27.
Axis Bank Q2 profit jumps 38% to Rs 7,003 crore, misses estimates
Axis Bank reported a 37.6% year-on-year rise in Q2 net profit to Rs 7,003 crore, with net interest income up 12% and better sequential asset quality and slippages. However, the profit missed analyst estimates due to higher costs, even as core income beat expectations. The results came amid a busy earnings day that also saw HDFC Bank, ICICI Bank, and Yes Bank report.
Axis Bank shares gain 2% over one week
Axis Bank Share Price Live Updates: Axis Bank's Recent Weekly Gains 16 Oct 2026 | 08:55:10 AM IST Axis Bank share price live updates Stay up-to-date with the Axis Bank Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent stock. Explore the latest details on Axis Bank, including: Last traded price 1288.0, Market capitalization: 401043.24, Volume: 8794655, Price-to-earnings ratio 14.44, Earnings per share 89.2.
Kotak Q2 advances jump 25%, deposits up 23%, lifting Nifty Bank
Kotak Mahindra Bank reported strong Q2 business updates, with net advances rising 25% YoY and deposits up 23%, sending its shares up as much as 4%. Analysts see further upside, with some targeting ₹540 levels, while the broader private bank rally lifted Nifty Bank ahead of the RBI MPC meeting outcome. The stock remains in focus as investors weigh the implications of the RBI policy decision.
IDFC FIRST Bank Q2 Loans Climb 20%, Deposits Rise 17%
IDFC FIRST Bank reported 20% year-on-year loan growth and 17% deposit growth for Q2, but the thread has expanded to include peer updates from Kotak Mahindra Bank and Axis Bank. Kotak's net advances jumped 25% to Rs 5.77 lakh crore with deposits up 23%, while Axis Bank's gross advances surged 23% to Rs 13.85 lakh crore and deposits rose 21%. The story now reflects a broader trend of strong double-digit credit and deposit growth across major private sector banks.
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