AXIS BANK LTD. — Q2FY27 earnings call summary

Filed 26 October 2026 · Official transcript

Credit cost trajectory improving; no specific guidance but further improvement expected
NIM expected to improve in coming quarters with FCNR optimization and loan mix changes
GNPA at 1.16%, NNPA at 0.35%; net credit cost 0.45%, down 28 bps YoY
Cost-to-assets improved to 2.14%; operating expenses grew 9% YoY
Total advances grew 23% YoY and 9% QoQ; retail advances up 16% YoY and 10% QoQ
Total deposits grew 23% YoY and 7% QoQ; strong FCNR(B) mobilization of ₹1,018 bn
NII grew 12% YoY and 5% QoQ; NIM at 3.36% (3.47% excl. FCNR impact)
PAT grew 38% YoY; ROA 1.49%, ROE 13.96%