Axis Bank Q2FY27 PAT Up 38% to ₹7,003 Cr; Advances Grow 23% YOY
Axis Bank reported Q2FY27 PAT of ₹7,003 Cr, up 38% YOY, driven by 12% YOY NII growth. Deposits grew 21% YOY to ₹14.52 lakh crore, and advances grew 23% YOY to ₹13.74 lakh crore. GNPA and NNPA improved to 1.16% and 0.35% respectively. Key subsidiaries also showed strong performance.
The announcement includes key financial results like profit, NII, deposit growth, and advances growth, along with asset quality metrics, which are material to investors and have a significant impact on the company's valuation.
The bank reported strong year-on-year growth in profit after tax, net interest income, deposits, and advances. Asset quality also improved, indicating a positive financial performance.
Axis Bank Limited announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Bank reported a Profit After Tax (PAT) of ₹7,003 crores for the quarter, marking a significant 38% year-on-year (YOY) increase. This growth was primarily driven by a strong Net Interest Income (NII) increase of 12% YOY and an improvement in asset quality.
Total deposits saw robust growth, rising 21% YOY and 6% QOQ to ₹14,52,066 crores on a month-end basis. Advances grew by 23% YOY and 9% QOQ to ₹13,73,727 crores. Retail loans expanded by 16% YOY, with the Small Business Banking (SBB) book growing by 21% YOY. SME loans increased by 25% YOY, and corporate loans by 34% YOY.
The Net Interest Margin (NIM) for the quarter stood at 3.36%. Core operating profit was ₹10,998 crores, up 11% YOY. The Bank maintained a strong capital position with a CET-1 ratio of 14.61% and a Capital Adequacy Ratio (CAR) of 16.27%.
Asset quality showed improvement, with Gross Non-Performing Assets (GNPA) at 1.16% (down 30 bps YOY) and Net Non-Performing Assets (NNPA) at 0.35% (down 9 bps YOY). The Bank continued to strengthen its digital presence, with its mobile app maintaining a high rating and significant monthly active users. Key subsidiaries also reported healthy performance, with Axis Finance PAT up 42% YOY and Axis AMC PAT up 36% YOY.
Amitabh Chaudhry, MD & CEO, Axis Bank, commented, "As customer expectations continue to evolve, our focus remains on building a franchise that combines innovation, trust and execution at scale. This quarter, we built on our leadership in digital payments and secure banking while advancing our technology agenda through AI-driven innovation and strategic partnerships."
The Board of Directors approved these financial results at a meeting held on October 17, 2026.
What to do with a filing like this
Axis Bank Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Axis Bank Limited. Read the original for the full detail.