Question

By how much percentage did Axis Bank's operating profit increase on a year-on-year (YoY) basis in Q2 FY25?

• A. 18%
• B. 22%
• C. 26%
• D. 24%

Answer 1

Answer:

A. 18%

Axis Bank reported an 18% increase in its operating profit on a year-on-year basis in Q2 FY25. Axis Bank's net profit rose 18% YoY in Q2 FY25 to Rs 6,918 crore, driven by a 9% increase in Net Interest Income (NII) and growth in non-interest income