HDFC Bank concluded the financial year ending March 31, 2026, with robust growth in profitability and revenue. The bank reported a profit after tax of ₹746.7 billion for the year, marking a 10.9% increase over the previous fiscal period. Shareholders were rewarded with a recommended final dividend of ₹13.00 per equity share, bringing the total dividend for the year to ₹15.50 per share. Key expansion efforts and operational resilience continue to drive the bank’s performance.
Financial Highlights for Fiscal 2026
For the financial year ended March 31, 2026, HDFC Bank demonstrated strong financial health. The bank recorded net revenues of ₹1,912.2 billion. Profitability remained a core strength, with the profit after tax reaching ₹746.7 billion, reflecting a consistent growth trajectory of 10.9% year-on-year. For the final quarter (Q4) ending March 31, 2026, the bank achieved a profit after tax of ₹192.2 billion, representing a 9.1% increase compared to the same period in the prior year.
Dividend Announcement
The Board of Directors has recommended a final dividend of ₹13.00 per equity share for the year ended March 31, 2026. This is in addition to the special interim dividend of ₹2.50 per share already paid in August 2025. This brings the total annual dividend payout to ₹15.50 per share. The record date for determining shareholder eligibility for this final dividend is set for Friday, June 19, 2026, subject to approval at the annual general meeting.
Operational Expansion and Asset Quality
The bank has continued to scale its presence, reaching a network of 9,689 branches and 21,172 ATMs across 4,175 cities and towns by the end of March 2026. Asset quality remains well-managed, with gross non-performing assets (GNPA) standing at 1.15% of gross advances as of March 31, 2026. Net non-performing assets were reported at a healthy 0.38%.
Strategic Corporate Initiatives
During the fiscal year, HDFC Bank successfully executed significant strategic moves, including the initial public offering (IPO) of its subsidiary, HDB Financial Services Limited. Additionally, the Board has proposed amendments to the Employee Stock Incentive Plan 2022 to support talent recognition and retention, including increasing the maximum grant limit to 50,000 RSUs per employee per annum. The bank also received approval to issue various debt instruments, including perpetual debt and Tier II capital bonds, amounting up to ₹60,000 crore to support future financing needs.
Source: BSE
