'HDFC Bank has reported 12% growth in net profit at Rs 18155.21 crore for the quarter ended June 2025 (Q1FY2026). The bank has posted healthy 5% growth in net interest income (NII), while the core fee income of the bank improved 8% in Q1FY2026. The Net Interest Margin (NIM) of the bank improved to 3.35% in Q1FY2026 compared to 3.47% in the corresponding quarter of previous year.
HDFC Bank has recorded gains of Rs 9130 crore (Rs 7800 crore post tax) from a partial divestment through an offer for sale in the recent IPO of its subsidiary HDB Financial Services in Q1FY2026 leading to more than two-fold increase in non-interest income in Q1FY2026. Excluding the gains from stake sale, the bank has still posted strong 18% growth in the non interest income.
The operating profit of the bank has jumped 50% including the gains from stake sale, while excluding the gains the operating profit has moved up 11% in Q1FY2026.
The Bank has considered this as an opportune stage to enhance i...
Pleaselogin & subscribe to view the full report.
More Reports
-
(05-Feb-2025)
Castrol India
Expects EBITDA margin of 22%-25% for CY25
-
(10-Feb-2023)
Deepak Nitrite
Plans capex of about Rs 1500 crore for FY23 and FY24
-
(09-Feb-2023)
Mayur Uniquoters
Targets revenue of Rs 1000 crore in FY24
-
(31-Jan-2023)
Tega industries
Capex plan is US$ 30-32 million for next three years
|
|