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Amitabh Chaudhry
2 articles
Axis Bank Q1 PAT Up 23% YoY on Strong Loan Growth
Axis Bank reported Q1FY27 standalone PAT of ₹7,114 crores, up 23% YoY, driven by 19% YoY advances growth and stable asset quality.
Net Interest Income grew 8% YoY to ₹14,646 crores with NIM at 3.46%;
Axis Bank Q1 Net Profit Rises 22.5% YoY to ₹7,114 Crore
Axis Bank reported a 22.5% YoY rise in standalone net profit to ₹7,113.92 crore for Q1 FY27, driven by lower provisions.
Gross NPA ratio improved to 1.28% from 1.57% YoY, while net NPA ratio stood sta