Axis Bank posted an 18% year-on-year increase in net profit for Q2 FY25, amounting to ₹6,918 crore, up from ₹5,864 crore in the corresponding period last year. The rise was supported by higher core lending income, reflecting strong credit demand during the quarter.
The private lender’s net interest income grew nearly 10% to ₹13,533 crore, compared to ₹12,315 crore a year ago. Total income rose to ₹37,142 crore, up from ₹31,660 crore in the same period last year. Sequentially, income improved from ₹35,844 crore reported in the June quarter.
Axis Bank’s robust financial performance was driven by steady growth across retail and corporate banking, positioning the bank for continued expansion in the upcoming quarters.
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Source: Moneycontrol
News Desk
