Axis Bank on Saturday reported a standalone net profit of Rs 7,114 crore for the April-June quarter of FY27, marking a 22.5% year-on-year rise from Rs 5,806 crore in the corresponding quarter of the previous financial year.The private lender’s net interest income (NII), meanwhile, rose more than 8% YoY to Rs 14,646 crore during the first quarter of the ongoing financial year 2027, from Rs 13,560 crore reported in the same period last year.Axis Bank's gross non-performing assets (GNPA) declined around 4% YoY to Rs 17,124 crore, while net NPA rose around 2.5% YoY to Rs 5,193 crore. The gross NPA and net NPA ratios improved on a YoY basis to 1.28% and 0.39%, respectively. However, both increased sequentially from 1.23% and 0.37% in Q4 FY26.The lender’s debt-to-equity ratio stood at 1.12% in Q1 FY27, as against 1.15% in Q4 FY26 and 0.98% in Q1 FY26. Axis Bank's net worth meanwhile increased around 14% YoY to Rs 2.03 lakh crore during the quarter under review, while net slippage ratio fell 121 bps YoY to 1.12%.More to come....