Axis Bank Share Price Today: Surges 4% Despite Q2 Profit Dip

Axis Bank’s share price rose over 4% in intraday trading, reflecting market activity following the bank’s Q2FY26 earnings announcement. The stock opened at ₹1,211 and climbed to an intraday high of ₹1,217.65, before settling around ₹1,192.95, as investors digested the quarterly numbers.

Market Performance

The recent price movement highlights market sentiment amid mixed earnings. Key points include:

• Opening price: ₹1,211
• Intraday high: ₹1,217.65
• Current price: ₹1,192.95
• Sensex trend: Up 0.55% at 83,060 during the same period

Despite the net profit drop, the stock maintained a positive trajectory, reflecting investor focus on underlying business metrics and resilience.

Axis Bank Q2FY26 Results

Axis Bank reported its September quarter (Q2FY26) results, revealing a mixed performance. Key financial figures:

• Net Profit: ₹5,090 crore (down 26% YoY)
• Net Interest Income (NII): ₹13,745 crore (up 2% YoY)
• Net Interest Margin (NIM): 3.73% vs 3.99% in Q2FY25
• Operating Profit: ₹10,413 crore (down 3% YoY)
• Operating Costs: Up 5% YoY

While the net profit contracted, the bank’s NII and operating efficiency remained relatively stable, indicating core business strength.

Company Details and Highlights

Axis Bank continues to focus on expanding its loan book and maintaining stable margins. Other important details from the quarter include:

• The bank’s operating cost growth was moderate, rising 5% YoY.
• NIM contraction was minimal at just 26 basis points, highlighting controlled interest margin pressures.
• Net profit decline was largely due to one-off factors and market conditions affecting treasury gains.

These figures provide a snapshot of Axis Bank’s operational and financial standing amid changing market dynamics.

Summary

Axis Bank’s share price movement and Q2 performance show a bank navigating challenging conditions while maintaining a steady core business. The stock’s 4% intraday rise despite a 26% YoY profit decline reflects market interest in its robust lending operations, moderate margin contraction, and controlled costs.

With net interest income growth, operating profit resilience, and a stable net interest margin, Axis Bank continues to demonstrate its capacity to handle shifting market pressures while keeping operational fundamentals intact.