HDFC Bank’s Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were approved on July 18, 2026, following a limited review by the joint statutory auditors. The Bank’s net revenue for the quarter stood at ₹463.6 billion, with net interest income growing 6.7% year-on-year. The trading window for designated persons will reopen on July 21, 2026.
HDFC Bank Announces Q2 2026 Financial Results
HDFC Bank announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, following its Board of Directors meeting held on Saturday, July 18, 2026. The financial statements have undergone a ‘Limited Review’ by the Bank’s statutory auditors.
Standalone Financial Highlights
For the quarter ended June 30, 2026, HDFC Bank reported a net revenue of ₹463.6 billion. This represents a decrease from the ₹531.7 billion reported for the same period in the previous year, which included transaction gains of ₹91.3 billion from a partial divestment in its subsidiary, HDB Financial Services Ltd.
Net interest income saw a healthy growth of 6.7%, reaching ₹335.3 billion for the quarter, up from ₹314.4 billion in the corresponding quarter of the previous year. The net interest margin stood at 3.26% on total assets.
Other income, also known as non-interest revenue, was reported at ₹128.2 billion for the quarter. This included fees and commissions of ₹84.5 billion, foreign exchange and derivatives revenue of ₹13.0 billion, net trading and mark-to-market gains of ₹4.2 billion, and miscellaneous income of ₹26.6 billion.
Operating expenses for the quarter were ₹181.9 billion, an increase from ₹174.3 billion in the prior year’s quarter. The cost-to-income ratio for the quarter was 39.2%.
Provisions and contingencies for the quarter amounted to ₹30.6 billion, with a total credit cost ratio of 0.40%. Profit before tax (PBT) for the quarter was ₹251.1 billion, and profit after tax (PAT) was ₹190.6 billion, marking a growth of 5.0% over the previous year’s quarter.
Balance Sheet Snapshot
As of June 30, 2026, the Bank’s total balance sheet size was ₹43,975 billion, compared to ₹39,541 billion as of June 30, 2025. The Bank’s average deposits for the quarter were ₹30,115 billion, reflecting a 13.3% increase year-on-year. CASA deposits grew by 9.4%, reaching ₹9,570 billion.
Gross advances stood at ₹30,608 billion as of June 30, 2026, an increase of 15.4% over June 30, 2025. Retail loans saw a growth of 7.2%, while small and mid-market enterprises loans grew by 18.7%.
Capital Adequacy and Network
The Bank’s total Capital Adequacy Ratio (CAR) was 19.6% as of June 30, 2026, exceeding the regulatory requirement of 11.9%. Tier 1 CAR stood at 17.8%.
HDFC Bank’s distribution network comprises 9,694 branches and 20,958 ATMs across 4,175 cities and towns as of June 30, 2026. The Bank also employs 14,392 business correspondents. The total number of employees was 2,12,958.
Asset Quality
Gross non-performing assets (NPAs) were at 1.17% of gross advances as of June 30, 2026, while net NPAs were at 0.41% of net advances.
Key Subsidiaries Performance
HDFC Life Insurance Company reported a profit after tax of ₹6.1 billion for the quarter, a growth of 11.9% year-on-year. HDFC ERGO General Insurance Company’s profit after tax was ₹2.2 billion. HDFC Asset Management Company saw its profit after tax rise to ₹8.4 billion, a 12.1% increase. HDFC Securities recorded a profit after tax of ₹3.0 billion.
Consolidated Financials
On a consolidated basis, the Bank’s net revenue was ₹854.8 billion for the quarter ended June 30, 2026, with a consolidated profit after tax of ₹192.4 billion.
Trading Window Reopening
Furthermore, HDFC Bank informed that the window for trading in the Bank’s securities by its designated persons and their immediate relatives will open on Tuesday, July 21, 2026, in accordance with the Bank’s Share Dealing Code and SEBI (Prohibition of Insider Trading) Regulations, 2015.
Source: BSE
