Axis Bank Q2 FY27 results (Jul–Sep 2026) and concall

Financial Services · Concall AI · Call held 17 Oct 2026

Company page: Axis Bank share price, financials & guidance record

Axis Bank reported robust bottom-line growth of 38% YoY in Q2FY27, driven by strong loan expansion (+23% YoY) and steady asset quality improvement with net credit cost falling to 0.45%. Margins experienced optical compression to 3.36% following large-scale FCNR(B) deposit mobilization (ex-FCNR NIM stood at 3.47%). Management confirmed balance sheet optimization underway to retire high-cost liabilities and reiterated its structural through-cycle NIM target of 3.8%.

You’re reading a preview. Opening the full call uses 1 concall credit.

What they filed

Q2 FY27: revenue up 17.9%, net profit up 37.7% against the same quarter last year.

₹ Cr · quarterly

Line item	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27	Q2 FY27
Revenue	32,162	32,452	32,348	32,310	33,709 +5%	34,171 +5%	35,542 +10%	38,087 +18%
Expenses	11,913	11,943	13,983	14,302	12,743	14,816	12,837	13,390
Other income	6,797	7,506	8,053	7,460	7,189	6,972	7,671	7,587
Interest	18,040	18,121	18,239	17,971	18,785	19,080	20,215	21,933
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	9,007	9,895	8,180	7,496	9,371 +4%	7,247 −27%	10,161 +24%	10,352 +38%
Tax rate	25%	24%	23%	26%	25%	-5%	25%	26%
Net profit	6,779	7,509	6,279	5,567	7,060 +4%	7,642 +2%	7,670 +22%	7,666 +38%
EPS	21.78	24.13	20.13	17.82	22.58	24.46	24.54	24.74

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

More Financial Services earnings calls