<p><a href="https://www.mid-day.com/business/business-news/article/hdfc-bank-stock-declines-after-report-flags-alleged-payment-irregularities-and-internal-probe-23632452" target="_blank" rel="none noopener">HDFC Bank </a>on Saturday reported a 4.98 per cent increase in standalone net profit to Rs 19,059.72 crore for the first quarter this financial year 2026-2027.</p>
<p>It had posted a net profit of Rs 18,155.21 crore in the year-ago period, the bank said in a regulatory filing.</p>
<p>The <a href="https://www.mid-day.com/mumbai/mumbai-news/article/bombay-high-court-orders-hdfc-bank-to-refund-rs-38-lakh-to-pune-man-in-fraud-case-23625135" target="_blank" rel="none noopener">HDFC Bank</a>'s net revenue was Rs 46,360 crore for the quarter ended June 30, 2026, as against Rs 53,170 crore, which included transaction gains of Rs 9,130 crore from a partial divestment through an offer for sale in the IPO of its subsidiary HDB Financial Services, for the quarter ended June 30, 2025.</p>
<h2>Net interest income</h2>
<p>The country's largest private lender's total income during the quarter under review declined to Rs 92,184.38 crore from Rs 99,200.03 crore in the same period a year ago, while its net interest income increased to Rs 33,533.95 crore from Rs 31,437.97 crore in the same quarter last year. Net interest margin was at 3.26 per cent on total assets, and 3 per cent based on interest earning assets.</p>
<p>During the reporting period, operating profit of the bank declined to Rs 28,168.06 crore, as against Rs 35,733.96 crore in the same quarter a year ago.</p>
<h2>Deposits and lending</h2>
<p>The average deposits were 30.12 lakh crore for the June 2026 quarter, a growth of 13.3 per cent over 26,58 lakh crore for the June 2025 quarter.</p>
<p>&nbsp;The Bank's average current account and savings account deposits were Rs 95,700 crore for the June 2026 quarter, a growth of 11.2 per cent over Rs 86,040 crore for the June 2025 quarter. The share of current and savings accounts deposits stood at 32.3 per cent of total deposits as of June 30, 2026.</p>
<p>Gross advances were at Rs 30.61 lakh crore as of June 30, 2026, registering an increase of 15.4 per cent over June 30, 2025.&nbsp;</p>
<h2>Asset quality</h2>
<p>In terms of asset quality, its gross non-performing assets<a href="https://www.mid-day.com/mumbai/mumbai-news/article/rbi-report-says-npas-of-indian-banks-fell-to-multi-decadal-low-of-2-1-per-cent-23609794" target="_blank" rel="none noopener"> (NPAs)</a> declined to 1.17 per cent of gross advances at the end of the June quarter, from 1.4 per cent a year ago. Net NPAs too declined to 0.41 per cent during the reporting quarter, as against 0.47 per cent in the year-ago period.</p>
<p>Provisions and contingencies for bad loans were sharply reduced to Rs 3,060 crore during the first quarter, as compared to Rs 14,442 crore in the same period a year ago.</p>
<p>Capital adequacy ratio of the bank was at 19.57 per cent from 19.88 per cent at the end of first quarter of the previous financial year.</p>
<p>&nbsp;</p>

HDFC Bank posted 5 per cent increase in net profit for the first quarter of the current financial year at Rs 19,059.72 crore 

HDFC Bank Q1FY27 net profit increases 5 per cent to Rs 19,060 crore 

Sensex tanks over 650 points, Nifty sheds nearly 170 points amid surging crude oil prices

HDFC Bank on Saturday reported a 4.98 per cent increase in standalone net profit to Rs 19,059.72 crore for the first quarter this financial year 2026-2027. It had posted a net profit of Rs 18,155.21 crore in the year-ago period

HDFC Bank net profit rises 5 per cent to Rs 19,060 crore in Q1FY27

Trending Stories

Latest Photos

Latest Videos

Latest Web Stories

Ganeshotsav 2026

Home / Business / Business News / Article / HDFC Bank net profit rises 5 per cent to Rs 19,060 crore in Q1FY27