HDFC Bank Q2 FY25 Results: Lender to announce September quarter earnings on October 19

"We also wish to inform you that the trading window for dealing in securities of the bank will remain closed from Tuesday, September 24, 2024, to Monday, October 21, 2024 (both days inclusive) for the designated employees, directors, etc. pursuant to the applicable SEBI regulations," the company said in a regulatory filing. 

HDFC Bank's consolidated net profit grew 33.17% to ₹16,474.85 crore in the June 2024 quarter.

The bank had posted a post-tax net profit of ₹12,370 crore on a consolidated basis in the year-ago period, it said in a regulatory filing.

On a standalone level, its June quarter net profit rose to ₹16,174 crore from ₹11,951 crore in the year-ago period but was down from the preceding March quarter's ₹16,511 crore.

The bank's total income increased to ₹83,701 crore from ₹57,816 crore a year ago.

Its provisioning was reduced to ₹2,602 crore from ₹2,860 crore a year earlier.

The lender's gross non-performing assets ratio inched up to 1.33% from 1.24% in March.

HDFC Bank's overall capital adequacy was 19.33% as of June 30, 2024.

The lender looks to increase the income of 5 lakh marginal farmers earning less than ₹60,000 annually by 2025 as part of its corporate social responsibility (CSR) initiative, Parivartan.

Launched in 2014, HDFC Bank 'Parivartan' was established with the vision to contribute to the socio-economic development of communities across India.

HDFC Bank's stock performance

Shares of the Sashidhar Jagdishan-led bank have remained muted at the bourses. The stock has risen just 2.78% in the past 12 months and around 40% over the past five years.