India, Oct. 15 -- Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings.

Standalone net profit of India's fourth-largest private lender by market cap fell 26% year-on-year to Rs.5,090 crore for the three months ended September 2025, according to an exchange filing. That compares with the 15% decline to Rs.5,863 crore estimated by analysts polled by LSEG.

On Wednesday, Axis Bank shares fell 0.65% to Rs.1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. The quarterly results were declared after market hours.

This is a developing story. More to come.

Published by HT Digital Content Services with ...