HDFC Bank Q3 results: India’s largest bank by market capitalization, HDFC Bank, reported an 11.5% year-on-year (YoY) rise in its standalone profit to ₹18,653.75 crore for the December quarter of the current financial year (Q3FY26). In the same quarter last year, the bank’s profit was ₹Rs 16,735.50 crore.
The bank’s net interest income (NII) rose by 6.4% YoY to ₹32,615 crore from ₹30,653 crore in Q3FY25.
The bank said its core net interest margin (NIM) stood at 3.35% on total assets, and 3.51% based on interest-earning assets.
Operating profit before provisions and contingencies rose by 8.4% YoY to ₹27,097.80 crore from ₹25,000.40 crore in the same quarter last year.
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The bank’s provisions for the quarter stood at ₹2,837.9 crore, down 10% from ₹3,153.85 crore in the same quarter last year.
Gross NPA declined 2.3% YoY to ₹35,178.98 crore in Q3FY26 from ₹36,018.58 crore in Q3FY25. Net NPAs, however, increased by 3.4% YoY to ₹11,981.75 crore from ₹11,587.54 crore in Q3FY25.
The percentage of gross NPAs to gross advances stood at 1.24% compared to 1.42% YoY, while the percentage of net NPAs to net advances stood at 0.42% from 0.46%.
hdfc bank balance sheet
As per HDFC Bank’s exchange filing, its total balance sheet size as of December 31, 2025, was ₹40,890 billion, as against ₹37,590 billion as of December 31, 2024.
Average deposits rose by 12.2% YoY to ₹27,524 billion from ₹24,528 billion for the December 2024 quarter.
CASA deposits grew 9.9% YoY to ₹8,984 billion from ₹8,176 billion YoY.
Gross advances were at ₹28,446 billion as of December 31, 2025, up 11.9% over December 31, 2024. Advances under management grew by 9.8% over December 31, 2024.
Retail loans grew by 6.9%, small and mid-market enterprises loans grew by 17.2% and corporate and other wholesale loans grew by 10.3%. Overseas advances constituted 1.7% of total advances, said the bank.
On a consolidated basis, the bank’s profit increased by 12.2% YoY to ₹19,806.63 crore from ₹17,656.61 crore in the same quarter last year.
