The Hindu·3 min read·hard
Axis Bank Q1 net profits grows 23% to ₹7,114 crore
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Lalatendu Mishra
✦AI Summary
Axis Bank reported a 23% year-on-year increase in net profit to ₹7,114 crore for the first quarter of 2026. The bank maintained strong asset quality and prudent provisioning despite macroeconomic uncertainties.
Beating analysts’ estimates, Axis Bank Ltd., India’s third-largest private sector bank, reported a 23% year-on-year increase in profit to ₹7,114 crore for the quarter ended June 30, 2026.
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