Axis Bank Q2 FY26 results: Profit down 25% at ₹5,557 cr, total income up 1%
Axis Bank's total income for the quarter stood at ₹39,769.85 crore, up 1.4 per cent year-on-year (Y-o-Y) from ₹39,203.77 crore, and down 1.5 per cent sequentially
 "Axis Bank Q2 FY26 results: Profit down 25% at ₹5,557 cr, total income up 1%")
Indian private lender Axis Bank on Wednesday reported a 25 per cent drop in its consolidated net profit at ₹5,557.51 crore for the second quarter of the financial year 2025-26 (Q2 FY26). Sequentially, profit declined 11.2 per cent from ₹6,260.17 crore. The decline was due to a one-time standard asset provision of ₹1,231 crore made for two discontinued crop loan products, as advised by the Reserve Bank of India (RBI). The bank noted that this provision will be reversed in the profit and loss account once all outstanding loans under these two discontinued products are either fully repaid or closed, either through regular repayments or by March 31, 2028.
Total income for the quarter stood at ₹39,769.85 crore, up 1.4 per cent year-on-year (Y-o-Y) from ₹39,203.77 crore, and down 1.5 per cent sequentially. Interest earned during the quarter was ₹32,309.77 crore.
"This quarter, we continued to push ourselves as an institution to deliver meaningful progress. From enhancing digital safety to expanding access to credit and empowering entrepreneurs, our innovations are designed to serve real needs with precision and scale," said Amitabh Chaudhry, managing director and chief executive officer (CEO) at Axis Bank.
He added: "As we move forward, our focus remains on building a bank that is agile, inclusive, and an all-weather franchise. One that leads with purpose in a rapidly evolving world".
As of September 30, Axis Bank's net non-performing assets (NPA) stood at ₹5,113.86 crore or at a 0.44 per cent level, against 0.34 per cent in Q2 FY25 and 0.45 per cent in Q1 FY26. Its total advances grew 12 per cent Y-o-Y and 5 per cent sequentially to ₹11,16,703 crore during the same period. Here’s a look at segment-wise Y-o-Y growth in Axis Bank’s loan book:
- Retail loans: 6 per cent
- Small Business Banking (SBB): 14 per cent
- Loan against property: 22 per cent
- Personal loans: 4 per cent
- Credit card advances: 7 per cent
- Rural loan portfolio: 2 per cent
- Small and Medium Enterprises (SME): 19 per cent
- Corporate loan book: 20 per cent