HDFC Bank reported steady performance in the January–March quarter (Q4 FY26), with consolidated net profit rising 8.04% year-on-year to ₹20,350.76 crore, supported by stable core income and continued advances growth.
The bank’s standalone net interest income (NII) increased 3.2% year-on-year to ₹33,082 crore, reflecting resilience in its core lending operations. Interest income stood at ₹87,182.50 crore, largely stable on a sequential basis and marginally higher than the same period last year.
Total income for the quarter reached ₹1.16 lakh crore. This is a slight drop from ₹1.26 lakh crore in the previous quarter but remains higher than ₹1.20 lakh crore in Q4 FY25. This indicates sustained topline strength despite evolving market conditions.
Operationally, the bank improved profitability. Operating profit rose to ₹31,111.68 crore from ₹29,378.75 crore a year earlier. However, operating expenses increased to ₹40,587.82 crore, up from ₹39,300.40 crore in the corresponding quarter last year. This highlights ongoing cost pressures amid expansion and integration efforts.
On the business front, HDFC Bank continued to strengthen its balance sheet, with gross advances reaching ₹29.6 lakh crore as of March 2026, compared to ₹28.45 lakh crore in the December quarter. Retail lending remained the key growth engine, expanding to ₹16.15 lakh crore. Within retail, mortgages led the portfolio at ₹8.89 lakh crore, followed by personal loans at ₹2.18 lakh crore. Auto loans stood at ₹1.58 lakh crore, while gold loans rose to ₹23,700 crore.
The small and mid-market segment also showed steady traction. Advances rose to ₹6.32 lakh crore. Corporate and wholesale lending grew to ₹8.11 lakh crore. This reflects a balanced expansion across segments. Overall, advances under management stood at ₹30.57 lakh crore. This underlines the bank’s continued scale and market leadership.
Separately, the bank has been in focus following the resignation of its former part-time Chairman and Independent Director, Atanu Chakraborty. In his resignation communication, Chakraborty cited differences in values and approach over the past two years, while clarifying that his exit was not linked to any wrongdoing or governance concerns within the institution.
On the market front, shares of HDFC Bank closed largely flat at ₹800 on the National Stock Exchange of India, registering a marginal 0.57% gain on Friday.
The Q4 performance underscores HDFC Bank’s ability to maintain steady growth momentum amid a dynamic economic environment, driven by strong retail demand and disciplined balance-sheet expansion.
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