Quarterly ResultJul 20, 2026, 08:26 AM
HDFC Bank Q1 Net Profit ₹19,244.71 Cr; HDFC Life Stake 50.54%
AI Summary
HDFC Bank announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The bank reported a consolidated net profit of ₹19,244.71 crore, a significant increase from the previous year, and a standalone net profit of ₹19,059.72 crore. Key financial ratios showed improvement, with both gross and net NPA ratios decreasing year-over-year. Additionally, HDFC Bank increased its stake in HDFC Life Insurance Company Limited to 50.54% through a ₹1,000 crore preferential allotment.
Key Highlights
- Consolidated Net Profit for Q1 2026 was ₹19,244.71 crore, up from ₹16,257.91 crore YoY.
- Standalone Net Profit for Q1 2026 reached ₹19,059.72 crore, an increase from ₹18,155.21 crore YoY.
- Basic Consolidated Earnings Per Share (EPS) rose to ₹12.50 from ₹10.61 in the prior year quarter.
- Gross Non-Performing Assets (NPA) ratio improved to 1.17% from 1.40% YoY.
- Net NPA ratio improved to 0.41% from 0.47% YoY.
- HDFC Bank increased its shareholding in HDFC Life Insurance to 50.54% with a ₹1,000 crore investment.
- A legal review concluded that the former Part-time Chairman's resignation statement was unsubstantiated.
- The trading window for the Bank's securities will open on Tuesday, July 21, 2026.
Price Impact
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