HDFC Bank posts steady Q4 growth, net profit rises 8% to ₹20,351 crore

HDFC Bank has reported a steady set of financial results for the March quarter of FY26, with its consolidated net profit rising 8.04% year-on-year to ₹20,350.76 crore , compared to ₹18,834.88 crore in the same period last year. The performance reflects consistent growth in core banking operations despite a stable but competitive financial environment.

On a standalone basis, the bank’s net profit grew even faster, rising 9.11% year-on-year to ₹19,221.05 crore . This marks an improvement over ₹18,653.75 crore reported in the previous December quarter, indicating sequential growth as well. The performance underscores the bank’s ability to maintain profitability across quarters.

During the January–March 2026 period, HDFC Bank’s total income edged up to ₹89,809 crore from ₹89,488 crore in the corresponding quarter last year. At the same time, total expenditure declined to ₹62,006 crore from ₹62,951 crore, helping support overall profitability through better cost management.

A key highlight of the quarter was the improvement in asset quality . The gross non-performing assets (GNPA) ratio declined to 1.15% , from 1.24% in the previous quarter and 1.33% a year ago. This indicates continued strengthening of the bank’s loan book and improved recovery trends.

The bank also reported a decline in provisioning requirements , with overall provisions falling to ₹2,610 crore from ₹3,193 crore in the March 2025 quarter. Lower provisions reflect reduced stress in the portfolio and improved credit performance.

Overall, the results point to steady operational strength, controlled costs, and improving asset quality, reinforcing HDFC Bank’s position as one of the most stable performers in India’s banking sector.