HDFC Bank Q1 Results: Net Profit Rises 5% YoY To Rs 19,060 Crore; NII Up 6.7%

HDFC Bank Q1 Results: HDFC Bank Ltd on Saturday reported a 4.98 per cent rise in its standalone net profit to Rs 19,060 Crore for the June 2026 quarter. It is below CNBC-TV18 poll estimates of Rs 19,332 crore. The country’s largest private sector lender saw net interest income (NII) rise 6.7 per cent during April-June 2026 to Rs 33,535.9 crore.

Its net interest margin (NIM) stood at 3.26 per cent on total assets and 3.40 per cent based on interest-earning assets during Q1 FY27.

Asset quality

HDFC Bank’s asset quality improves year-on-year, with gross non-performing assets (GNPAs) falling to 1.17 per cent of gross advances as on June 30, 2026, against 1.40 per cent a year earlier. However, in the previous quarter, GNPA had stood at 1.15 per cent.

Its net non-performing

assets (NNPAs) were at 0.41 percent of net advances as on June 30, 2026.

Provisions and contingencies

The lender’s provisions and contingencies for the quarter stood at Rs 30.6 billion, while the total credit cost ratio was 0.40 percent.

Shares of HDFC Bank had risen 1.4 per cent to Rs 819.60 on Friday, ahead of the earnings announcement. The stock is down 17.2 per cent so far in 2026, compared with a 6.9 per cent decline in the NSE Nifty.

(Details will be added shortly.)