Axis Bank Reports Robust Q1 Growth; Asset Quality Improves as Standalone Gross NPA Drops
Axis Bank has delivered a stellar financial performance for the first quarter ended June 30, 2026, reporting a 22.2 percent year-on-year surge in consolidated net profit to ₹7,632.31 crore. The impressive growth, which comfortably beat market estimates, was primarily driven by a significant 42.1 percent drop in provisions and contingencies, which fell to ₹2,337.47 crore…
