Axis Bank Q2 Results: Profit zooms 70% YoY to Rs 5,330 crore, beats estimates; NII rises 31%
Provisions in the quarter dropped to Rs 550 crore from Rs 1,735 crore a year ago. The asset quality improved further during the quarter. The gross non-performing asset ratio fell to 2.5% as on September 30, from 2.76% a quarter ago and 3.53% a year ago.
