For the April-June quarter (Q1 FY27), HDFC Bank Ltd. recorded a standalone net profit of Rs 19,059.72 crore on Saturday, up 4.98 percent from the same period last year but less than the CNBC-TV18 poll prediction of Rs 19,332 crore. In addition to exceeding the poll forecast of Rs 34,353 crore, net interest income (NII) increased 6.7 percent year over year to Rs 33,535.95 crore.
For the quarter, the net interest margin (NIM) was 3.26 percent on total assets and 3.40 percent on assets that generated interest.
The average deposits at the nation's biggest private lender increased by 10.8% year over year to Rs 30,386 billion, while advances increased by 13.3% YoY to Rs 30,115 billion.
On the asset quality front, gross non-performing assets (GNPAs) stood at 1.17 percent of gross advances as on June 30, 2026, compared with 1.15 percent as on March 31, 2026, and 1.40 percent a year earlier. Net non-performing assets (NNPAs) were at 0.41 percent of net advances as of June 30, 2026.
Furthermore, the bank reported a return on assets (RoA) of 1.85 percent for the June quarter. The bank’s total Capital Adequacy Ratio (CAR) as per Basel III guidelines was at 19.6 percent as of June 30, as compared to 19.9 percent, in the previous corresponding quarter.
Provisions and contingencies for the quarter stood at Rs 30.6 billion, while the total credit cost ratio was 0.40 percent.
As of June 30, 2026, the Bank’s distribution network was at 9,694 branches, as against 9,499 branches as at the end of June 2025.
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