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HDFC Bank Q3 Profit Jumps 12%, Asset Quality Shows Mixed Trends

HDFC Bank reported a 12.17% year-on-year increase in consolidated net profit for the December quarter, reaching Rs 19,806.63 crore. The bank's core income grew steadily, with net interest income rising 6.4% to Rs 32,615 crore. While gross NPAs declined, net NPAs saw a marginal increase of 3.4% during the quarter. The bank's balance sheet expanded significantly, with total assets reaching Rs 40,890 billion.

Key Points: HDFC Bank Q3 Net Profit Rises Over 12% to Rs 19,807 Crore

  • 12.17% YoY profit rise
  • 6.4% growth in net interest income
  • Gross NPA ratio improves to 1.24%
  • Provisions decline by 10%
2 min read

HDFC Bank clocks over 12 pc rise in Q3 net profit

HDFC Bank reports 12.17% rise in Q3 net profit to Rs 19,806.63 crore. NII grows 6.4%, while asset quality presents a mixed picture.

"The bank's consolidated net profit increased to Rs 19,806.63 crore in Q3 - HDFC Bank Exchange Filing"

Mumbai, Jan 17

India's largest bank by market capitalisation, HDFC Bank, on Saturday reported a 12.17 per cent rise year-on-year in net profit for the December quarter of the current financial year.

The bank's consolidated net profit increased to Rs 19,806.63 crore in Q3, compared to Rs 17,656.61 crore in the same quarter last financial year (Q3 FY25).

The bank's core income also showed steady growth during the quarter. Net interest income rose 6.4 per cent year-on-year to Rs 32,615 crore from Rs 30,653 crore in year-ago period.

HDFC Bank said its core net interest margin stood at 3.35 per cent on total assets and 3.51 per cent based on interest-earning assets.

Operating profit before provisions and contingencies grew 8.4 per cent to Rs 27,097.80 crore from Rs 25,000.40 crore in the year-ago period.

Provisions for the quarter declined by 10 per cent to Rs 2,837.9 crore, compared with Rs 3,153.85 crore in the same quarter last financial year.

On the asset quality front, the bank reported mixed trends. Gross non-performing assets declined 2.3 per cent YoY to Rs 35,178.98 crore from Rs 36,018.58 crore.

However, net NPAs rose marginally by 3.4 per cent to Rs 11,981.75 crore from Rs 11,587.54 crore a year ago.

The ratio of gross NPAs to gross advances improved to 1.24 per cent from 1.42 per cent, while net NPAs as a percentage of net advances stood at 0.42 per cent compared to 0.46 per cent last year.

According to the bank's exchange filing, HDFC Bank's total balance sheet size stood at Rs 40,890 billion as of December 31, 2025, up from Rs 37,590 billion a year earlier.

Average deposits grew 12.2 per cent year-on-year to Rs 27,524 billion, while CASA deposits increased by 9.9 per cent to Rs 8,984 billion.

The bank's lending book also expanded steadily. Gross advances rose 11.9 per cent year-on-year to Rs 28,446 billion as of December 31, 2025.

- IANS

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Reader Comments

P
Priya S
Great numbers, but as a customer, I wish some of this profit would translate into better service charges or higher savings account interest rates. The net interest margin is healthy, but are we, the depositors, getting our fair share? Just a thought.
R
Rohit P
The 11.9% growth in advances shows the bank is actively lending, which is good for the economy. However, the marginal rise in net NPAs is a slight concern that needs monitoring. Overall, a pillar of the Indian banking sector.
S
Sarah B
Impressive scale - a balance sheet of over Rs 40 lakh crore! The steady CASA growth indicates strong customer trust. It's fascinating to see such a large institution maintain double-digit growth.
V
Vikram M
Provisions down by 10% is a big positive. It means the bank is managing its risks better. HDFC Bank consistently delivers. This is why it's a blue-chip stock in every Indian investor's portfolio. 🚀
K
Karthik V
While the profit growth is good, the net interest income growth at 6.4% is slower than the profit growth. Suggests other income or cost management is driving profits. Hope the focus on quality remains strong.

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