In short: Axis Bank reports Q2 FY27 results on 17 October 2026. In Q1 FY27, net interest income rose 8.0% to ₹14,646 crore from a year earlier and net profit rose 22.5% to ₹7,114 crore. Things to watch: margins, provisions and asset quality.
What to watch in Axis Bank's Q2 FY27 results
- Margins. Net interest margin fell to 3.46% in Q1 from 3.62% in the March quarter and 3.80% a year earlier. The RBI raised the repo rate by 25 bps to 5.50% on 7 October, after the September quarter ended; watch whether the bank sees margins steadying.
- Provisions. Provisions fell to ₹2,223 crore in Q1 from ₹3,522 crore in the March quarter, which included a one-time ₹2,001 crore standard-asset provision for West Asia exposure that the bank still holds.
- Asset quality. The gross NPA ratio was 1.28% in Q1, against 1.23% in March and 1.57% a year earlier; provision coverage was 70%, or 92% including technical write-offs.
Axis Bank Q1 FY27 results at a glance
- Net interest income was ₹14,646 crore, up 8.0% from a year earlier and up 1.3% from the previous quarter.
- Net profit was ₹7,114 crore, up 22.5% from a year earlier and up 0.6% from the previous quarter.
- Operating profit before provisions was ₹11,659 crore, up 1.3% from a year earlier and up 16.4% from the previous quarter; provisions were ₹2,223 crore, against ₹3,948 crore a year earlier.
- Net interest margin was 3.46%, down 16 bps from the previous quarter and down 34 bps from a year earlier.
- Net advances were ₹12,61,557 crore, up 19.0% from a year earlier and up 2.3% from the previous quarter.
- Deposits were ₹13,72,936 crore, up 18.2% from a year earlier and up 2.8% from the previous quarter.
- Gross NPA ratio was 1.28%, against 1.23% in the previous quarter and 1.57% a year earlier; net NPA ratio was 0.39%, against 0.37% in the previous quarter and 0.45% a year earlier. Provision coverage was 70% (92% including technical write-offs).
- Capital adequacy ratio was 16.67%, against 16.42% a quarter earlier and 16.85% a year earlier.
| Q1 FY27 | Q4 FY26 | Q1 FY26 | QoQ | YoY | |
|---|---|---|---|---|---|
| Net interest income (₹ crore) | 14,646 | 14,457 | 13,560 | +1.3% | +8.0% |
| Operating profit (₹ crore) | 11,659 | 10,013 | 11,515 | +16.4% | +1.3% |
| Provisions (₹ crore) | 2,223 | 3,522 | 3,948 | −36.9% | −43.7% |
| Net profit (₹ crore) | 7,114 | 7,071 | 5,806 | +0.6% | +22.5% |
| Net advances (₹ crore) | 12,61,557 | 12,33,570 | 10,59,724 | +2.3% | +19.0% |
| Deposits (₹ crore) | 13,72,936 | 13,35,834 | 11,61,615 | +2.8% | +18.2% |
| Net interest margin | 3.46% | 3.62% | 3.80% | −16 bps | −34 bps |
| Gross NPA ratio | 1.28% | 1.23% | 1.57% | +5 bps | −29 bps |
| Net NPA ratio | 0.39% | 0.37% | 0.45% | +2 bps | −6 bps |
| Capital adequacy ratio | 16.67% | 16.42% | 16.85% | +25 bps | −18 bps |
Axis Bank Q2 FY27 results: questions
When will Axis Bank announce Q2 FY27 results?
Axis Bank reports results for the quarter ended 30 September 2026 on 17 October 2026.
What time is the Axis Bank earnings call?
The earnings call is at 6:20 pm IST on 17 October 2026.
What were Axis Bank's results last quarter?
In Q1 FY27, net interest income was ₹14,646 crore (+8.0% YoY) and net profit was ₹7,114 crore (+22.5% YoY).
Other bank Q2 FY27 results
- RBL Bank Q2 FY27 results · 12 October 2026 · net profit +169.9% YoY
- HDFC Bank Q2 FY27 results · 17 October 2026
- ICICI Bank Q2 FY27 results · 17 October 2026
- Axis Bank Q2 FY27 results · 17 October 2026
- IndusInd Bank Q2 FY27 results · 23 October 2026
- Kotak Mahindra Bank Q2 FY27 results · 24 October 2026
All bank Q2 FY27 results in one place
Sources
- Axis Bank: Q1 FY27 results, 18 July 2026
- Axis Bank: Q1 FY27 press release and investor presentation, 18 July 2026
- Axis Bank: intimation of board meeting, 17 September 2026
This page is educational research based on company results filings and AMFI data. It is not a recommendation to buy or sell any security or fund, or personalised investment advice. Investments in securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.