HDFC Bank Reports 9% Increase in Q4 Net Profit to ₹19,221 Crore, Net Interest Income Rises 3.8% Year-Over-Year

HDFC Bank Reports 9.11% Growth in Q4 FY26 Net Profit

HDFC Bank, the largest private sector lender in India, has reported a standalone net profit of ₹19,221.05 crore in the fourth quarter of FY26, marking a growth of 9.11% from ₹17,616.14 crore in the year-ago period.

Key Financial Highlights

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

The bank's Net Interest Income (NII) in Q4FY26 increased 3.8% to ₹33,281.5 crore from ₹32,066 crore year-over-year, while Pre-provisions Operating Profit during the quarter ended March 2026 grew 4.37% to ₹27,802.92 crore from ₹26,636.7 crore, year-over-year. Provisions during the March quarter dropped to ₹2,609.57 crore from ₹2,837.86 crore quarter-over-quarter and from ₹3,193.05 crore, year-over-year.

Asset Quality

The asset quality of HDFC Bank improved on a sequential basis. Gross Non-Performing Assets (GNPA) in the March quarter declined 3.17% to ₹34,061.19 crore from ₹35,178.98 crore in the previous quarter. Net NPA decreased 6.7% to ₹11,169.54 crore from ₹11,981.75 crore, quarter-over-quarter. Gross NPA as a percentage of Gross Advances fell 4 basis points (bps) to 0.38% from 0.42%, quarter-over-quarter. Net NPA ratio dropped 9 bps to 1.15% from 1.24%, quarter-over-quarter.

HDFC Bank Dividend

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

HDFC Bank's Board of Directors has recommended a final dividend of ₹13.00 per equity share of ₹1 for the year ended March 31, 2026. With this, the total dividend for FY26 would be ₹15.50 per equity share. The HDFC Bank dividend record date for determining the eligibility of members entitled to receive the said dividend has been fixed as on June 19, 2026, Friday.

Issue of Bonds

The board of directors of HDFC Bank has approved the issuance of Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds, and Long-Term Bonds for Financing Infrastructure Sub-Sectors up to a total amount of ₹60,000 crore during the period of twelve months from the date of shareholders' approval, through private placement mode.