Axis Bank reported Q2 growth. Axis Bank stock gained 1.33 percent

Published on 10/09/2026 at 11:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Advances rose 22.70 percent year over year on October 5, 2026. Axis Bank stock stood at INR 1,261.60 versus INR 1,245.00, up 1.33 percent.

Key points in brief

Axis Bank reported 22.70 percent year-over-year growth in gross advances and 20.70 percent deposit growth for September 30, 2026.
Axis Bank stock stood at INR 1,261.60 on October 9, 2026, up 1.33 percent from INR 1,245.00.
The bank is scheduled to consider financial results on October 17, 2026.
CASA deposits grew 10.60 percent year over year, while term deposits increased 27.30 percent.

Axis Bank, INE238A01034, Illustration mit AI erstellt.

Axis Bank reported 22.70 percent year-over-year growth in gross advances and 20.70 percent deposit growth for the second quarter ended September 30, 2026, according to Economic Times on October 5, 2026. Axis Bank stock stood at INR 1,261.60 on October 9, 2026, up 1.33 percent from INR 1,245.00.

Q2 growth reaches both sides

Gross advances reached INR 13.846 trillion at September 30, 2026, compared with INR 11.284 trillion a year earlier. Deposits rose to INR 14.521 trillion from INR 12.035 trillion, giving the update a clear year-over-year comparison.

The reported figures are provisional, and the bank said the September 30 results would be subject to limited review. The operational update therefore offers scale and direction before the detailed income statement arrives.

What changes before results?

NSE India lists October 17, 2026 as the date for consideration and approval of the bank's financial results. That date will test whether the strong balance-sheet growth translated into earnings and margin performance.

CASA deposits increased 10.60 percent year over year to INR 5.296 trillion, while term deposits climbed 27.30 percent to INR 9.225 trillion, according to CNBC TV18 on October 5, 2026. The mix matters because term deposits grew faster than CASA balances.

Three dated milestones

On July 10, 2026, Axis Bank paid a dividend of INR 1.00 per share, as shown by NSE India. On September 9, 2026, a published earnings-call summary cited 22.50 percent year-over-year growth in first-quarter fiscal 2027 profit, according to AlfaFinder. On October 5, 2026, the Q2 business update showed advances up 22.70 percent and deposits up 20.70 percent year over year.

Stock holds above its yearly low

Axis Bank stock was trading at INR 1,261.60 on the NSE at 2:30 p.m. IST on October 9, 2026, up 1.33 percent versus the prior close of INR 1,245.00. Its 52-week range was INR 1,150.30 to INR 1,418.30, leaving the quote 9.67 percent above the low and 11.05 percent below the high.