Mumbai, October 16 (Udaipur Kiran): Shares of Axis Bank gained over 2% in Wednesday’s trade despite the lender reporting a 25% year-on-year decline in its consolidated net profit for the second quarter ended September 30, 2025 (Q2FY26). The stock was trading at Rs. 1,193.20, up Rs. 24.20 or 2.07%, compared to its previous close of Rs. 1,169.00 on the BSE.

The scrip opened at Rs. 1,211.00 and touched an intraday high of Rs. 1,217.65 and a low of Rs. 1,185.50. Around 2,59,020 shares were traded during the session. The company’s market capitalization currently stands at Rs. 3,70,432.81 crore.

Despite the decline in profit, the stock moved higher, indicating investor optimism on the bank’s operational performance and stable income growth.

In its financial results, Axis Bank’s standalone net profit fell 26.42% to Rs. 5,089.64 crore in Q2FY26 from Rs. 6,917.57 crore in the same period last year. The bank’s total income, however, increased slightly by 1.22% to Rs. 37,594.81 crore, compared to Rs. 37,141.71 crore in Q2FY25.

On a consolidated basis, the bank reported a 25.31% decline in net profit to Rs. 5,527.85 crore, while total income rose 1.44% to Rs. 39,769.85 crore, compared to Rs. 39,203.77 crore a year earlier.

The promoters hold 8.16% of the company’s equity, while institutional investors own 84.76% and non-institutional shareholders hold 7.07%.

Axis Bank, one of India’s leading private sector banks, continues to maintain a strong position in the retail and corporate banking segments. The slight increase in total income despite lower profit indicates steady operational momentum and resilience amid changing market conditions.