- HDFC Bank’s Q4 net profit rose 9% to Rs 19,221 crore aided by lower provisions
- Net interest income increased 3.2% to Rs 33,082 crore in the January-March quarter
- Gross NPA ratio fell 9 basis points to 1.15%, net NPA ratio dropped to 0.38%
Shares of HDFC Bank Ltd. rose during early trade on Monday after India's largest private lender reported a strong March quarter helped by a pick-up in lending to consumers, though lending margins remained weak. The earnings report was disclosed on Saturday.
The bank recorded a standalone net profit growth of 9% to Rs 19,221 crore, aided by lower provisions, while return on assets remained flat at 0.48%. Net interest income — the difference between interest earned on loans and interest paid on deposits — rose 3.2% to Rs 33,082 crore in the January-March quarter, compared to Rs 32,066 crore in the year-ago period.
Asset quality continued to improve, with gross NPA ratio declining 9 basis points quarter-on-quarter to 1.15% and net NPA ratio falling to 0.38%.
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Management said credit growth momentum remains strong, deposits are expected to grow faster than loans, and NIMs are likely to stay range-bound, noting faster transmission on asset yields than deposit rates during FY26. HDFC Bank also announced a final dividend of Rs 13 per share and maintained its comfortable liquidity position with LCR guidance of 110–120%.
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HDFC Bank Share Price Movement
Shares of HDFC Bank rose as much as 1.3% to Rs 809.95 on the NSE, compared to a flat benchmark Nifty 50. The stock the gave up gains to trade marginally lower. The total traded turnover was Rs 900 crore. The stock is down 20% year-to-date.
All 47 analysts tracking HDFC Bank have a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month price targets of Rs 1,064 implies an upside potential of 34%.
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