Axis Bank’s Q2 Misses Street Estimates as Provisions Surge 61%

will be in focus in today’s session after posting a 26.4% YoY decline in Q2 profit to ₹5,089.6 crore from ₹6,917.6 crore. Net Interest Income rose marginally by 1.9% to ₹13,744.6 crore. However, provisions and contingencies surged 60.9% to ₹3,547 crore, weighing on profitability. On the positive side, asset quality improved, with Gross NPA falling to 1.46% and Net NPA to 0.44% sequentially. The stock closed in the red for the second straight session on Wednesday but remains up 9.85% YTD in 2025. Market participants will closely watch its price action following the mixed quarterly results. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.