New Delhi. HDFC Bank, the largest private sector bank, has declared the financial results for the first quarter of the current financial year 2026-27 (April-June).
The bank’s standalone net profit stood at Rs 19,059.72 crore, up nearly five per cent year-on-year. The bank had earned a net profit of Rs 18,155.21 crore in the same quarter of the last financial year.
HDFC Bank said in the information given to the stock market on Saturday that the total income of the bank during the first quarter declined to Rs 92,184 crore, whereas it was Rs 99,200 crore in the April-June quarter of the last financial year.
According to the bank, net profit on a consolidated basis in the first quarter increased to Rs 19,245 crore. With this, the interest income of the bank increased to Rs 79,363 crore, which was Rs 77,470 crore in the same quarter of the last financial year.
The bank said that its net interest income (NII) increased by seven percent to Rs 33,530 crore in the April-June quarter.
It was Rs 31,440 crore in the same period of the last financial year. According to the bank, increase in loan disbursement and strong operational performance had a positive impact on net interest income.
The asset quality of the bank also showed improvement in the quarterly results. By the end of April-June quarter, gross non-performing assets (Gross NPA) declined to 1.17 per cent of total loans, compared to 1.40 per cent in the same period last financial year.
Similarly, net non-performing assets (Net NPA) also declined to 0.41 percent, which was 0.47 percent in the same quarter of the last financial year. The bank said the decline in NPAs is a sign of improvement in the quality of its loan portfolio.
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