HDFC Bank Q2 net profit rose 5% YoY to Rs 19,510 crore with NII up 10%.
Context
What happened: HDFC Bank reported Q2 results for the quarter ended September 30, 2026, with net profit rising 5% YoY to Rs 19,510 crore and net interest income growing 9.7%.
Key numbers: Net profit Rs 19,510 crore, up 5% YoY. NII Rs 34,620 crore, up 9.7% from Rs 31,550 crore. NIM 3.16% on total assets, 3.32% on interest-earning assets. GNPA Rs 35,810 crore versus Rs 35,846 crore in June.
Why it matters: Asset quality remained stable, with both gross and net NPA ratios easing from the June quarter, while average advances under management posted double-digit year-on-year growth.
What changed
HDFC Bank reported Q2 results for the quarter ended September 30, 2026, with net profit rising 5% YoY to Rs 19,510 crore and net interest income growing 9.7%.
Why it matters
Asset quality remained stable, with both gross and net NPA ratios easing from the June quarter, while average advances under management posted double-digit year-on-year growth.