HDFC Bank on Saturday reported a 5 per cent increase in standalone net profit to ₹19,060 crore for the June quarter.
The country’s biggest private sector lender had earned a net profit of ₹18,155 crore in the year-ago period.
However, the total income of the bank in the quarter under review dropped to ₹92,184 crore from ₹99,200 crore in the same period a year ago, HDFC Bank said in a regulatory filing.
The lender’s interest income increased to ₹79,363 crore from ₹77,470 crore in the same quarter a year ago.
During the period, operating profit of the bank declined to ₹28,169 crore, as compared to ₹35,734 crore in the same quarter a year ago.
Net interest income grew 7 per cent to ₹33,530 crore from ₹31,440 crore for the June quarter, it said.
Net interest margin was at 3.26 per cent on total assets, and 3 per cent based on interest earning assets.
The bank’s asset quality exhibited improvement with gross non-performing assets (NPAs) declined to 1.17 per cent of gross advances at the end of the June quarter, from 1.4 per cent a year ago.
Similarly, net NPAs, or bad loans, declined to 0.41 per cent, as against 0.47 per cent in the year-ago period.
As a result, provisions and contingencies for bad loans declined massively to ₹3,060 crore during the first quarter, as compared to ₹14,442 crore in the same period a year ago.
Capital adequacy ratio of the bank moderated to 19.57 per cent from 19.88 per cent at the end of first quarter of the previous financial year.
The consolidated profit after tax of the HDFC Bank Group for the June quarter was ₹19,245 crore as against ₹16,258 crore in the same period a year ago, registering an 18 per cent growth.
The bank’s consolidated net revenue was ₹85,480 crore for the June quarter, it said.
Published on July 18, 2026
