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Axis Bank Q2 Review: Motilal Oswal Maintains 'Neutral' Rating On The Stock — Check Target Price

Axis Bank has maintained its through-cycle margin guidance of ~3.8%, even as it remains watchful of further repo rate cuts in the coming months.

Axis Bank Q1 Results
Axis Bank's NII grew 1.4% QoQ (up 2% YoY) to Rs 137.4 billion (4% beat).

(Photo: Vijay Sartape/NDTV Profit)

Axis Bank reported Q2 FY26 net profit of Rs 50.9 billion (26% YoY decline, 8% miss) amid higher provisions. NII grew 1.4% QoQ (up 2% YoY) to Rs 137.4 billion (4% beat). NIMs contracted 7bp QoQ to 3.73%, aided by 4bp growth from interest reversals.
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