India’s largest private-sector lender, HDFC Bank, on Saturday reported a standalone net profit of ₹19,059 crore for the April-June quarter (Q1 FY 2026-27), marking a nearly 5% year-on-year (YoY) increase from ₹18,155 crore reported in the same period last financial year.
Net interest income (NII) rose 6.7% on a year-on-year basis to ₹33,534 crore during Q1 FY27, compared with ₹31,438 crore in the corresponding period last year. NII refers to the difference between interest earned and interest paid.
The lender’s net profit missed estimates for the April–June quarter compared to analysts’ expectations of ₹19,226 crore. NII also came in below estimates against the ₹34,110 crore forecast by brokerage Motilal Oswal Financial Services.
The bank’s provisions, which act as a financial cushion, fell 79% year-on-year to ₹3,060 crore in the first quarter of FY27, compared to ₹14,441 crore a year ago. However, provisions were up 17% sequentially from ₹2,610 crore reported in the March quarter (Q4 FY26).
HDFC Bank’s gross non-performing assets declined more than 3% YoY ₹ 35,846 crore, while net NPA edged up slightly to ₹12,357 crore during the June quarter. ,
The gross NPA ratio stood at 1.17%, compared to 1.15% in the previous quarter and 1.40% a year earlier. Meanwhile, Net NPA ratio stood at 0.41%, versus 0.38% in Q4 FY26 and 0.47% in Q1 FY27.
HDFC Bank share price trend
Ahead of its April-June quarter earnings announcement, HDFC Bank shares ended 1.5% higher on Friday at ₹820.8 apiece.
The stock has gained a little over 1% over the last five trading sessions. It is also up nearly 3% in the last month. However, it remains under pressure, falling over 17% so far in 2026, as well as more than 16% over the past year.
In the longer term, the stock has fallen 2% over three years but has delivered around 8% returns over the last five years.
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