HDFC Bank Q2 profit rises 4.7% to ₹19,510 crore; interest income after interest paid up 9.7%
HDFC Bank reported a standalone net profit of ₹19,510 crore for July to September 2026, up 4.7% from a year earlier. Its net interest income rose 9.7% to ₹34,620 crore, and total deposits stood at about ₹33.3 lakh crore on 30 September 2026.
HDFC Bank reported a standalone net profit of ₹19,510 crore for the quarter ended 30 September 2026 (July to September, the second quarter of the financial year 2026-27, or Q2 FY27). The bank’s release says this is 4.7% more than in the same quarter a year earlier. Its net interest income (NII), the interest it earned on loans and investments minus the interest it paid on deposits and borrowings, rose 9.7% to ₹34,620 crore from ₹31,550 crore. The bank’s board approved the results on Saturday, 17 October 2026.
Key terms
- Net profit (profit after tax, PAT) is the profit left after all expenses, provisions and tax.
- Standalone means the bank’s own accounts only; consolidated includes its subsidiaries.
- Net interest margin (NIM) is NII as a percentage of the bank’s assets.
- Treasury trading gains are profits from buying and selling investments.
- Gross NPA is the share of loans on which borrowers have stopped paying on time (a non-performing asset). Net NPA is that share after subtracting money set aside against such loans.
- One lakh crore is ₹1,00,000 crore, or ₹1 trillion.
Q2 FY27 results
The bank’s release gives amounts in ₹ billion; they are converted here to ₹ crore (₹1 billion = ₹100 crore). Percentage changes for profit and NII are as stated by the bank; the others are this site’s arithmetic.
| Metric (standalone, ₹ crore) | Q2 FY27 | Q2 FY26 | Change YoY |
|---|---|---|---|
| Net profit | 19,510 | not stated | +4.7% (bank) |
| Net interest income | 34,620 | 31,550 | +9.7% (bank) |
| Other income | 13,830 | not stated | n/a |
| Net revenue (NII + other income) | 48,450 | 45,900 | +5.6% |
| Operating expenses | 18,970 | 17,980 | +5.5% |
| Treasury trading gains | 780 | 2,390 | -67.4% |
| Fees and commissions | 9,690 | 8,840 | +9.6% |
| Provisions and contingencies | 3,570 | not stated | n/a |
YoY means year on year: compared with the same quarter a year earlier (July to September 2025). Profit before tax was ₹25,910 crore. The bank said profit excluding treasury trading gains grew by about 12.6% from a year earlier. Net interest margin was 3.16% on total assets and 3.32% on interest-earning assets. The cost-to-income ratio was 39.1% and the total credit cost ratio was 0.44%.
For the half year April to September 2026, net profit was ₹38,570 crore, up 4.8% from the same period a year earlier. Consolidated net profit (including subsidiaries) for the quarter was ₹20,700 crore and for the half year ₹39,940 crore.
Deposits and loans, as of 30 September 2026
| ₹ crore | 30 Sep 2026 | Change YoY |
|---|---|---|
| Total deposits | 33,27,400 | +18.8% |
| Time (fixed) deposits | 22,75,500 | +22.8% |
| Savings account deposits | 7,16,300 | n/a |
| Current account deposits | 3,35,600 | n/a |
| Gross advances (loans) | 32,19,500 | +16.3% |
CASA deposits (current and savings accounts) were 31.6% of total deposits and grew 10.8% from a year earlier. Within loans, the bank reported retail loans up 11.7%, small and mid-market enterprise loans up 23.5%, and corporate and other wholesale loans up 16.4%. The bank’s total capital adequacy ratio (its capital as a share of risk-weighted assets) was 18.9%, against a regulatory requirement of 11.9%.
Asset quality and network
Gross NPA was 1.11% of gross advances on 30 September 2026, against 1.17% on 30 June 2026 and 1.24% on 30 September 2025. Net NPA was 0.37% of net advances. The bank had 9,706 branches and 20,881 ATMs on 30 September 2026, against 9,545 branches and 21,417 ATMs a year earlier.
Basis of these figures
All figures are from the bank’s news release of 17 October 2026 on its website, hdfc.bank.in, which states that the accounts were subject to a limited review by the statutory auditors. The release does not state the prior-year profit amount; the 4.7% growth is the bank’s own figure. The release gives profit after tax of ₹195.1 billion, which is ₹19,510 crore, and this article uses that figure.