Mumbai, April 18, KNT: HDFC Bank reported a profit after tax of ₹746.7 billion for the financial year ended March 31, 2026, marking a growth of 10.9 percent compared to the previous year, according to its audited financial results.
The bank’s net revenues for FY26 stood at ₹1,912.2 billion, up from ₹1,683.0 billion in FY25, reflecting steady growth in core income streams.
For the quarter ended March 31, 2026, the bank reported a profit after tax of ₹192.2 billion, registering a 9.1 percent increase year-on-year. Net revenue for the quarter rose to ₹462.8 billion from ₹440.9 billion in the corresponding period last year.
Net interest income for the quarter grew by 3.2 percent to ₹330.8 billion, while other income stood at ₹132.0 billion, supported by higher fee and commission earnings and improved trading gains.
Operating expenses for the quarter were ₹184.8 billion, with the cost-to-income ratio at 39.9 percent. Provisions and contingencies stood at ₹26.1 billion, with the credit cost ratio at 0.35 percent.
The bank’s balance sheet size expanded to ₹43,649 billion as of March 31, 2026, compared to ₹39,102 billion a year earlier, indicating continued scale growth.
HDFC Bank | Key Facts
HDFC Bank is one of India’s largest private sector banks, headquartered in Mumbai, offering a wide range of banking and financial services including retail banking, corporate banking, loans, and digital payments.
The bank was incorporated in 1994 and has grown into a major financial institution with a nationwide presence, serving millions of customers across urban and rural areas.
As of March 2026, HDFC Bank operates over 9,600 branches and more than 21,000 ATMs across thousands of cities and towns, supported by a large workforce and business correspondent network.
The bank is known for its strong financial performance, consistent profit growth, and robust asset quality, maintaining relatively low levels of non-performing assets compared to industry averages.
HDFC Bank also has significant stakes in subsidiaries across insurance, asset management, and financial services, expanding its footprint beyond core banking operations.
Deposits remained strong, with total deposits rising 14.4 percent year-on-year to ₹31,053 billion. CASA deposits grew 12.3 percent, contributing 34.1 percent of total deposits.
Advances also showed steady expansion, with gross advances increasing 12.0 percent year-on-year to ₹29,600 billion. Growth was driven by retail, SME, and corporate segments.
Asset quality improved during the period, with gross non-performing assets declining to 1.15 percent from 1.33 percent a year ago, while net NPAs stood at 0.38 percent.
The bank maintained strong capital buffers, with its capital adequacy ratio at 19.7 percent under Basel III norms, well above regulatory requirements.
The board recommended a final dividend of ₹13 per equity share, taking the total dividend for FY26 to ₹15.5 per share, subject to shareholder approval.
The bank’s distribution network expanded to 9,689 branches and 21,172 ATMs across 4,175 cities and towns as of March 31, 2026. [KNT]
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