HDFC Bank Q2 net profit rises 10 per cent to Rs 19,610 crore
HDFC Bank reported a 10 per cent jump in its consolidated net profit to Rs 19,610.67 crore for Q2 FY26. Standalone profit rose 10.82 per cent, income increased to Rs 91,040 crore, and GNPA ratio improved to 1.24 per cent, reflecting strong financial health
Mumbai: HDFC Bank on Saturday reported a 10 per cent jump in its consolidated net profit for the September quarter at Rs 19,610.67 crore. On a standalone basis, the largest private sector lender’s net rose 10.82 per cent to Rs 18,641.28 crore for the July-September period.
The bank‘s overall income rose to Rs 91,040 crore as against Rs 85,499 crore in the year-ago period, and Rs 99,200 crore in the preceding June quarter. The gross non-performing assets ratio improved to 1.24 per cent as of September from 1.40 three months ago and 1.36 per cent in the year-ago period.
Overall provisions increased to Rs 3,500 crore from Rs 2,700 crore in the year-ago period, but were much lower than the Rs 14,441 crore recorded in the previous quarter.
