HDFC Bank, India’s largest private sector lender, on Saturday reported a 10.8 per cent year-on-year (YoY) rise in standalone net profit for the July–September quarter of FY26. The bank posted a profit after tax (PAT) of Rs 18,641.28 crore, compared to Rs 16,820.97 crore in the same period last year. Advertisement
Net Interest Income (NII)—the difference between interest earned and interest expended—grew 4.8 per cent to Rs 31,551.5 crore from Rs 30,113.9 crore a year ago. The bank said its core net interest margin stood at 3.27 per cent on total assets.
Other income (non-interest revenue) for the quarter came in at Rs 14,350 crore. This comprised Rs 8,840 crore from fees and commissions, Rs 1,590 crore from foreign exchange and derivatives revenue, and a Rs 2,390 crore net trading and ma