{
  "id": 15158473,
  "title": "Axis Bank Q2FY27 result: Profit rises 38% to ₹7,003 crore, misses estimates",
  "url": "https://urgent.news/2026/10/17/axis-bank-q2fy27-result-profit-rises-38-to-7-003-crore-misses",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-17T08:17:49.000Z",
  "source": {
    "name": "Business Standard IN",
    "slug": "business-standard-in",
    "url": "https://www.business-standard.com/companies/quarterly-results/axis-bank-q2fy27-result-profit-rises-38-to-7-003-crore-misses-estimates-126101700435_1.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "Axis Bank reported a 38% year-on-year increase in net profit to ₹7,003 crore for the quarter ending September 30, 2026. According to the Free Press Journal, this growth was supported by a 12% rise in net interest income and improved asset quality. Net interest income reached ₹15,371 crore, which Business Standard IN notes was an 11.8 per cent increase, while Free Press Journal reports it also grew 5% quarter-on-quarter.\n\nThe bank's advances grew 23% year-on-year, reaching ₹13,73,727 crore, while total deposits increased 21% year-on-year to ₹14,52,066 crore. Business Standard IN reported that provisions fell by 52.2 per cent, and other income declined 1.4 per cent to ₹6,531 crore. The Free Press Journal stated that retail loans accounted for 54% of net advances and saw 16% year-on-year growth.\n\nAsset quality showed improvement, with the Free Press Journal reporting that gross non-performing assets fell by 30 basis points year-on-year to 1.16%, and net non-performing assets decreased by 9 basis points year-on-year to 0.35%. The bank's capital adequacy ratio was 16.27%, with a CET-1 ratio of 14.61%.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Axis Bank Reports 38% Surge In Q2 FY27 Profit, Quarterly Earnings Reach ₹7,003 Crore",
        "url": "https://urgent.news/2026/10/17/axis-bank-reports-38-surge-in-q2-fy27-profit-quarterly-earnings-reach",
        "published": "2026-10-17T07:49:57.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "India's Axis Bank quarterly profit rises 37.6%, but misses estimates on higher costs",
        "url": "https://urgent.news/2026/10/17/indias-axis-bank-quarterly-profit-rises-37-6-but-misses-estimates-on",
        "published": "2026-10-17T08:43:51.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Axis Bank Q2 net profit rises 38% to ₹7,003 crore as provisions fall",
        "url": "https://urgent.news/2026/10/17/axis-bank-q2-net-profit-rises-38-to-7-003-crore-as-provisions-fall",
        "published": "2026-10-17T09:42:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}