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Markets1h 22m ago

Axis Bank reported a 22 per cent jump in Q1 net profit as provisions fell sharply, while advances, deposits and net interest income posted healthy growth.

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India

Who
Axis Bank
What
Axis Bank reported a 22 per cent jump in Q1 net profit as provisions fell sharply, while advances, deposits and net interest income posted healthy growth.
When
Sat, 18 Jul 2026 09:28:55 GMT · 1h 22m ago
Where
India ·
Why
Provisions fell sharply, while advances, deposits and net interest income posted healthy growth.
The Frontline Impact

How this affects you

Axis Bank's net profit for Q1 FY27 increased by 22% year-over-year, reaching Rs 7,632 Crore. This growth was driven by reduced provisions and healthy increases in advances, deposits, and net interest income.

Story chain

2 events in this thread
  1. Currently Reading1h 22m ago
    Axis Bank reported a 22 per cent jump in Q1 net profit as provisions fell sharply, while advances, deposits and net interest income posted healthy growth.
  2. Markets3h 58m ago
    Axis Bank reported standalone net profit rising 22.5% to ₹7,114 crore and net interest income growing over 8% to ₹14,646 crore for Q1 FY27.
    Open article

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