📊 HDFC Bank Q3 Results
💰 Net profit up 12.17% YoY at ₹19,806.6 crore in Q3 FY26
📈 Net interest income rises 6.4% to ₹32,615 crore
📉 Provisions down 10%, boosting profitability
🏦 Asset quality improves
✔️ Gross NPA ratio falls to 1.24%
✔️ Net NPA at 0.42%
📊 Balance sheet strength
🔹 Deposits up 12.2%
🔹 Advances grow 11.9%
Mumbai, Jan 17 India’s largest private sector lender, HDFC Bank, on Saturday reported a 12.17 per cent year-on-year increase in consolidated net profit at ₹19,806.63 crore for the December quarter (Q3 FY26), compared to ₹17,656.61 crore in the same period last year.
The bank’s net interest income (NII) rose 6.4 per cent to ₹32,615 crore from ₹30,653 crore a year ago. Core net interest margin stood at 3.35 per cent on total assets and 3.51 per cent on interest-earning assets, the bank said.
Operating profit before provisions and contingencies grew 8.4 per cent to ₹27,097.80 crore, while provisions declined by 10 per cent to ₹2,837.9 crore, compared to ₹3,153.85 crore in Q3 FY25.
On asset quality, gross non-performing assets (NPAs) fell 2.3 per cent year-on-year to ₹35,178.98 crore, while net NPAs increased marginally by 3.4 per cent to ₹11,981.75 crore.
The gross NPA ratio improved to 1.24 per cent from 1.42 per cent, while net NPAs stood at 0.42 per cent, compared with 0.46 per cent in the year-ago period.
According to the bank’s exchange filing, total balance sheet size stood at ₹40,890 billion as of December 31, 2025, up from ₹37,590 billion a year earlier.
Average deposits grew 12.2 per cent year-on-year to ₹27,524 billion, while CASA deposits increased 9.9 per cent to ₹8,984 billion.
The bank’s gross advances rose 11.9 per cent year-on-year to ₹28,446 billion as of December 31, 2025.
