HDFC Bank Q4 Net profit rises 9%; announces Rs 13 dividend for FY26

Mumbai-headquartered HDFC Bank the country's largest lender by market value on Saturday reported a net profit of Rs 19,221 crore for the quarter ended March 31, in line with analyst expectations. The private sector bank declared a dividend of 1,300 per cent for eligible shareholders.

The Q4 FY26 results marked the bank's first earnings report since the exit of its part-time chairman and independent director Atanu Chakraborty.

The lender's net profit grew 9.1 per cent to Rs 19,221 crore, from Rs 17,616 crore a year ago, according to a regulatory filing.

Its net interest income -- or the difference between interest earned and interest paid -- increased 3.2 per cent to Rs 33,082 crore for the final three months of FY26, slightly below expectations.

HDFC Bank was expected to register a net profit of Rs 19,200 crore and net interest income of Rs 33,660 crore.

The bank staged an improvement in its asset quality, beating Street expectations.Asset quality is gauged by sequential changes in the proportion of bad loans in total loans.

HDFC Bank's gross non-performing assets (NPAs) or bad loans stood at 1.15 per cent for the March quarter, versus 1.24 per cent for the previous three months.

Its net NPAs were recorded at 0.38 per cent of total loans, decreasing from 0.42 per cent three months ago.

HDFC Bank's fourth-quarter gross and net NPAs were pegged at 1.2 per cent and 0.4 per cent of its total loans, respectively, unchanged from the previous three months.

The private lender reported Rs 2,610 crore in provisions for the quarter ended March 31, 2026, as against Rs 2,838 crore for the quarter ended December 31, 2025, and Rs 3,193 crore for the quarter ended March 31, 2025.

The bank's capital adequacy ratio a key metric that compares a lender's capital to its risk-weighted assets -- stood at 19.71 per cent as of March 31.

Earlier this month, the private lender reported growth of 12.80 per cent and 12 per cent in deposits and gross loans for the March quarterly.The bank declared a dividend of Rs 13 per equity share a 1,300 payout given the face value of Re 1 per equity share.