HDFC Bank announces bonus issue, special interim dividend in Q1; check details

HDFC Bank, the country's largest private lender, on Saturday, July 19, announced a special interim dividend and its first bonus issue of shares since its listing in 1995.

HDFC Bank's board approved issuing bonus shares in ratio of 1:1. Shareholders of the bank will receive one bonus share for every one share they own as on record date. The bank's board also approved special interim dividend of ₹5 per share.

"The record date for determining the eligibility of Members entitled to receive the said Special Interim Dividend is Friday, July 25, 2025. The Special Interim Divided shall be paid to the eligible Members on Monday, August 11, 2025," HDFC Bank said.

Meanwhile, the bank has fixed August 27, 2025 as the record date for determining shareholders eligible to receive bonus shares. HDFC Bank will issue 766,79,13,646 equity shares of face value of ₹1 each amounting to ₹766,79,13,646.

HDFC Bank Q1 earnings

HDFC Bank reported net profit of ₹18,155 crore in the first quarter of current financial year, marking an increase of 12% from ₹16,175 crore in the same period last year.

The bank's net interest income or the difference between interest earned on loans and expended on deposits rose 5% to ₹31,438 crore in June quarter as against ₹29,837 crore in the year-ago period.

HDFC Bank's provisions saw a massive spike as its provisions and contingencies jumped 455% annually to ₹14,441.63 crore.

The bank's asset quality deteriorated slightly as its gross non-performing assets (NPA), as a percentage of total advances, came in at 1.40% as against 1.33% in the year-ago period. Its net NPA came in at 0.47% as against 0.39% in the same period last year.

In absolute terms, HDFC Bank's gross NPA jumped to ₹37,040.80 crore from ₹33,025.69 crore in the corresponding period last year.

HDFC Bank shares ended 1.47% lower at ₹1,957 a day ahead of its earnings announcement.