Axis Bank Q1 net profits grows 23% to ₹7,114 crore
Axis Bank Ltd. reported a 23% year-on-year increase in net profit to ₹7,114 crore for the quarter ending June 30, 2026, surpassing analysts' expectations. The bank's Net Interest Income (NII) rose 8% year-on-year to ₹14,646 crore, with a Net Interest Margin (NIM) of 3.46%. This strong performance reflects the bank's robust financial health amid a competitive banking environment.