HDFC Bank announced its results for Q2 FY26, reporting a net revenue increase of 10.3% to ₹459.0 billion. Net profit after tax grew by 10.8% to ₹186.4 billion. The bank’s total Capital Adequacy Ratio (CAR) stood at 20.0%. Gross non-performing assets were reported at 1.24%. The bank continues to expand its network, reaching 9,545 branches and 21,417 ATMs.
Financial Performance Highlights
For Q2 FY26, HDFC Bank reported:
- Net revenue growth of 10.3%, reaching ₹459.0 billion.
- Net interest income increased by 4.8% to ₹315.5 billion.
- Other income totaled ₹143.5 billion.
- Operating expenses amounted to ₹179.8 billion, with a cost-to-income ratio of 39.2%.
- Provisions and contingencies were ₹35.0 billion.
- Profit after tax (PAT) reached ₹186.4 billion, representing a 10.8% year-over-year growth.
Balance Sheet Details
As of September 30, 2025:
- The balance sheet size was ₹40,030 billion.
- Average deposits reached ₹27,105 billion.
- CASA deposits averaged ₹8,770 billion.
- Total EOP Deposits stood at ₹28,018 billion.
- Gross advances amounted to ₹27,692 billion.
Asset Quality
Asset quality metrics as of September 30, 2025:
- Gross non-performing assets were at 1.24% of gross advances.
- Net non-performing assets were at 0.42% of net advances.
Network Expansion
As of September 30, 2025, HDFC Bank’s distribution network included:
- 9,545 branches.
- 21,417 ATMs.
Key Subsidiary Performance
Key subsidiaries also reported their financial performance:
- HDB Financial Services Ltd (HDBFSL): Net revenue of ₹28.5 billion, with a profit after tax of ₹5.8 billion.
- HDFC Life Insurance Company Ltd (HDFC Life): Profit after tax of ₹4.5 billion.
- HDFC ERGO General Insurance Company Ltd (HDFC ERGO): Profit after tax of ₹1.8 billion.
- HDFC Asset Management Company Ltd (HDFC AMC): Profit after tax of ₹7.2 billion.
- HDFC Securities Ltd (HSL): Profit after tax of ₹2.1 billion.
Source: BSE
