According to survey, the lender's Q2FY26 net profit was Rs 5,911 crore. In Q2FY26, the lender's overall revenue increased by 1% to Rs 37,595 crore. The bank's reported gross non-performing assets (NPA) and net non-performing assets (NPA) were 1.46% and 0.44%, respectively, as of September 30, 2025, compared to 1.57% and 0.45% on June 30, 2025.
"Compared to Rs 8,200 crore in Q1FY26 and Rs 4,443 crore in Q2FY25, gross slippages for the quarter were Rs 5,696 crore. During the quarter, Rs 2,887 crore was recovered and upgraded from non-performing assets.
In a stock exchange report, the bank stated that it wrote off a total of Rs 3,265 crore in non-performing assets during the quarter. At Rs 13,745 crore, the lender's net interest income increased 2% year over year. As a result of the Reserve Bank of India's 100 basis point rate reduction this year, Axis Bank's net interest margins decreased to 3.73% from 3.8% in the previous quarter and 3.99% in the quarter prior.
At Rs 3,547 crore, the Mumbai-based lender's provisions and contingencies are up 61% over the previous year. This was a 10% decrease from the June quarter, when the bank's provisions skyrocketed as a result of what it claimed was a one-time industry benchmarking exercise, causing it to miss profit projections. "Rs 3,547 crore was allocated for provisions and contingencies for Q2FY26. For Q2FY26, specific loan loss provisions totaled Rs 2,133 crore. At the end of Q2FY26, the Bank had cumulative provisions (standard + extra, excluding non-NPA) of Rs 13,262 crore, according to Axis Bank. Overall, the bank's capital adequacy was 16.55%, down from 16.85% during the previous quarter.
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