Overview

HDFC Bank reported its standalone results for the quarter ended 30 June 2026, showing a 5% increase in net profit year‑on‑year.

Profit and Income

  • Standalone net profit reached ₹190.6 billion, up from ₹181.6 billion in the comparable quarter of FY2025.
  • Net interest income grew 6.7% to ₹335.3 billion, delivering a net interest margin of 3.26%.
  • Non‑interest income declined 41% to ₹128.2 billion, reflecting the absence of the transaction gains recorded in the prior quarter from HDB Financial Services.
  • Adjusted profit after tax, excluding those transaction gains, rose 9.8% year‑on‑year.

Deposits and Advances

  • Average deposits increased 13.3% year‑on‑year to ₹30.1 trillion.
  • Average advances under management rose 10.8% year‑on‑year to ₹30.4 trillion.
  • Gross advances expanded 15.4% year‑on‑year to ₹30.6 trillion, indicating continued credit growth.

Asset Quality and Capital

  • Gross non‑performing asset (NPA) ratio remained stable at 1.17%; the ratio excluding agricultural loans was 0.91%.
  • Capital adequacy ratio stood at 19.6%, with a Common Equity Tier‑1 (CET1) ratio of 17.4%.

Market Reaction

  • The bank’s shares traded at a 1.40% premium (HDBK +1.40%) while HDB Financial Services fell 2.63% (HDBF -2.63%) following the release.