HDFC Bank reported a 5% year-on-year increase in standalone net profit for the quarter ending June 30, 2026. Total profit reached ₹190.60 billion ($1.98 billion), meeting analyst expectations.
Loan growth rose 15.4% during the period, driven largely by the retail sector. A significant reduction in provisions for bad loans also supported the bank's earnings.
Net interest income increased 6.7% to ₹335.3 billion. The net interest margin remained stable at 3.26%.
Asset quality remained steady with gross non-performing assets at 1.17% of total loans. This metric showed a slight increase compared to the previous quarter.