HDFC Bank reports 4.7% profit growth in Q2 FY27

HDFC Bank has reported a standalone net profit of 19,510 crore rupees for the July-September quarter of fiscal year 2026-27, representing a 4.7% increase on a year-on-year basis. The results align with market expectations.

Key financial metrics include a 9.7% rise in Net Interest Income (NII), reaching 34,619.2 crore rupees. Total net revenue for the quarter stood at 48,450 crore rupees. While treasury trading gains decreased to 780 crore rupees from 2,390 crore rupees in the same period last year, the net profit excluding treasury gains rose by approximately 12.6%.

The bank also demonstrated improved asset quality. The Gross Non-Performing Asset (NPA) ratio declined to 1.11%, down from 1.17% in the previous June quarter and 1.24% a year ago. The Net NPA ratio fell to 0.37%. Additionally, the bank recorded double-digit growth in both loans (16.3%) and deposits (18.8%).