The lender’s Net Interest Income (NII) or core income earned by the lender grew by 5.4% from the same quarter last year to ₹31,438 crore. A CNBC-TV18 poll had projected this figure to be ₹31,384 crore.
Net profit for the period was higher than the CNBC-TV18 poll figure of ₹17,067 crore. HDFC Bank’s bottomline grew by 12.2% from the year-ago quarter to ₹18,155 crore.
Asset quality for India’s largest private lender remained stable on a sequential basis but saw a marginal deterioration. Gross NPA for the quarter stood at 1.4%, compared to 1.33% in March, while Net NPA stood at 0.47% in June, compared to 0.43% in March.
Provisions for the quarter increased significantly from the March quarter figure of ₹14,441 crore to ₹3,193 crore.
HDFC Bank had already reported its business momentum in its quarterly update earlier this month. The lender’s loan book grew by 6.7% from last year to ₹26.53 lakh crore, while deposit growth remained strong at 16.4% from last year to ₹27.64 lakh crore. Deposit growth was led by term deposits, which grew by 20.6% on a year-on-year basis.
Shares of HDFC Bank ended at the day’s low on Friday, declining 1.6% to end at ₹1,956. The stock is 3.5% away from its record high level of ₹2,027.
First Published: Jul 19, 2025 2:59 PM IST
