Stories
HDFC Bank Q2 Profit Rises 4.7% as Treasury Gains Plunge 67%
- •HDFC Bank reported a standalone net profit of Rs 19,510 crore for the July-September quarter, marking a 4.7 per cent year-on-year increase.
- •Treasury trading gains dropped sharply by 67 per cent to Rs 780 crore, limiting the overall profit growth despite strong core lending performance.
- •Net interest income saw a growth of 9.7 per cent, rising to Rs 34,620 crore from Rs 31,550 crore in the same period last year.
- •Asset quality showed improvement with gross non-performing assets decreasing to 1.11 per cent of gross advances compared to 1.24 per cent a year earlier.
- •Total deposits experienced strong growth of 18.8 per cent year-on-year reaching Rs 33.27 lakh crore, while gross advances grew 16.3 per cent.
Key Questions Answered
HDFC Bank reported a standalone net profit of Rs 19,510 crore for the July-September quarter of FY27, representing a 4.7 per cent year-on-year rise. This limited profit growth was primarily caused by a sharp 67 per cent decline in treasury trading gains—which fell to Rs 780 crore from Rs 2,390 crore in the same period last year—despite stronger income from its core lending business.
HDFC Bank's asset quality improved during the second quarter of FY27. Gross non-performing assets (GNPA) stood at 1.11 per cent of gross advances as of September 30, 2026, marking an improvement from 1.17 per cent in the preceding quarter and 1.24 per cent a year earlier, while net NPAs stood at 0.37 per cent.
HDFC Bank experienced solid growth in both deposits and lending operations during the quarter. Total deposits grew by 18.8 per cent year-on-year to reach Rs 33.27 lakh crore, while gross advances increased by 16.3 per cent to Rs 32.20 lakh crore.
