HDFC Bank Q2 Results: Net profit rises 5% YoY to Rs 19,510 crore; NII grows 10%
HDFC Bank Q2 Results: India’s largest private lender HDFC Bank on Saturday reported a net profit of Rs 19,509 crore for the second quarter of FY27, marking a 4.6% year-on-year jump from Rs 18,641 crore posted in the same period last year.
HDFC Bank disclosed a 4.6% increase in net profit to Rs 19,510 crore in Q2 FY27, compared to Rs 18,641 crore from the same period last year. Net interest income rose 9.7% to Rs 34,620 crore, with net interest margin at 3.16% on total assets and 3.32% on interest-earning assets. Gross NPA ratio decreased to 1.11%, while net NPA ratio fell to 0.37%.
Total balance sheet size expanded to Rs 45.78 lakh crore, up 16.8% YoY, with average deposits increasing 16.8% to Rs 31.66 lakh crore. Average CASA deposits grew 10.7% YoY to Rs 9.71 lakh crore.
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