HDFC Bank Q4 earnings: Net profit rises 9% to ₹19,221 crore, NII advances 3.2%

The country's largest private sector lender, HDFC Bank, on Saturday, April 18, reported a net profit of ₹19,221 crore in quarter ended January-March quarter, marking an increase of 9% from ₹17,616 crore in the same period last year. For financial year 2025-26, HDFC Bank's net profit advanced 11% to ₹74,671 crore compared with ₹67,347 crore in the previous financial year.

The bank's net profit in the fourth quarter of financial year 2025-26 (Q4FY26) was supported by lower provisioning for bad loans. Its provisions declined 18% annually to ₹2,610 crore as against ₹3,193 crore.

The Mumbai-based lender's net interest income or the difference between interest earned on loans and expended on deposits rose 3.2% to ₹33,082 crore from ₹32,066 crore in the year ago period.

Its net interest margin came in at 3.38% on total assets, and 3.53% based on interest earning assets.

HDFC Bank’s asset quality improved in March quarter as its gross non-performing assets, as a percentage of total advances, came in at 1.15% compared with 1.33% in the year-ago period.

In absolute terms, gross non-performing assets came in at ₹34,061 crore compared with 35,223 crore.

The bank announced a final dividend of ₹13 per share for the financial year ended 2025-26, subject to the approval of the company shareholders, according to an exchange filing.

“The board of directors have now recommended a final dividend of ₹13.00 per equity share of ₹1 for the year ended March 31, 2026. This would be subject to approval of the shareholders at the forthcoming annual general meeting,” the lender informed the stock exchanges.

HDFC Bank's total balance sheet size at end of March quarter was ₹43,64,900 crore as against ₹39,102,00 crore as of March 31, 2025.

"The bank's average deposits were ₹28.51 lakh crore for the March 2026 quarter, a growth of 12.8% over ₹25.28 lakh crore for the March 2025 quarter, and 3.6% over ₹27.52 lakh crore for the December 2025 quarter," HDFC Bank said in a press release.

The Mumbai-based lender's gross advances rose 12% annually to ₹29.60 lakh crore and assets under management advanced 10.2%.

"Retail loans grew by 6.5%, small and mid-market enterprises loans grew by 17.2% and corporate and other wholesale loans grew by 13.0%. Overseas advances constituted 1.6% of total advances," HDFC Bank added.

As of March 31, 2026, HDFC Bank's distribution network was at 9,689 branches and 21,172 ATMs across 4,175 cities as against 9,455 branches and 21,139 ATMs across 4,150 cities in the year-ago period, the bank noted.

HDFC Bank shares ended 0.56% higher at ₹800 a day ahead of its earnings announcement.