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Axis Bank Profits Plunge 26% as Loan Provisions Soar
15 Oct
Summary
- Axis Bank's Q2 2025 net profit down 26% to Rs 5,090 crore
- Provisions for bad loans weighed on earnings
- Gross NPA and net NPA levels improved from previous quarter
On October 15, 2025, private lender Axis Bank reported a 26% decline in net profit for the quarter ended September 30, 2025. The bank's net profit stood at Rs 5,090 crore, down from Rs 5,911 crore in the previous quarter, as higher provisions for bad loans weighed on its earnings.
Axis Bank's managing director and CEO, Amitabh Chaudhry, stated that the bank continued to push itself to deliver meaningful progress, with a focus on enhancing digital safety, expanding access to credit, and empowering entrepreneurs. He emphasized that the bank's transformation is not just about technology, but also about relevance, strength, and responsibility.
As of September 30, 2025, Axis Bank's reported gross NPA and net NPA levels improved to 1.46% and 0.44%, respectively, compared to 1.57% and 0.45% as of June 30, 2025. However, the bank's gross slippages during the quarter were Rs 5,696 crore, higher than the Rs 4,443 crore recorded in the same period last year.
