Leading private sector lender is expected to report subdued growth in its bottomline for the September quarter, dragged down by weak loan growth, reflecting the underlying changes that the bank is undertaking to improve the credit-to-deposit ratio.

HDFC Bank has reported a 5% year-on-year (YoY) increase in its net profit for the second quarter of FY25, reaching ₹16,821 crore. The figure surpasses the average estimate of ₹16,570 crore as projected by seven brokerages. Despite the ongoing economic challenges, India's largest private-sector bank has shown robust performance for Q2.

The country's largest private sector lender reported its financial results for the second quarter of the current financial year on October 19.

Higher net interest income helped HDFC Bank Ltd to report a 5% on year rise in net profit for the September quarter at Rs 16,821 crore. The bank's bottomline also surpassed analysts' expectations of 16,000 crore polled NDTV Profit. Net profit up 5% to Rs 16,821 crore versus Rs 15,976 crore.

Analysts are estimating the bank's Profit After Tax (PAT) to reach Rs 16,267.6 crore, which reflects a 1.9% growth compared to the previous year's figure of Rs 15,976.1 crore.

Private sector major HDFC Bank on Saturday reported 5 per cent year-on-year (y-o-y) and 4 per cent quarter-on-quarter (q-o-q) growth in Q2FY25 net profit at ₹16,821 crore, aided by higher net interest income (NII).

On HDFC Bank said that its net profit for the second quarter of the fiscal year 2025 was Rs 16,820 crore, up 5% from Rs 15,976 crore during the same time the previous year.

HDFC Bank, India's largest private lender, beat analysts' forecasts for July-September profit on Saturday, helped by higher core lending income, while margins were slightly lower on a sequential basis.

HDFC Bank on Saturday posted a marginal 5 per cent increase in its standalone profit at ₹16,821 crore in the second quarter ended September 2024. The country's biggest private sector lender had earned a net profit of ₹15,976 crore in the same quarter a year ago.

HDFC Bank has announced its quarterly results for Q2 FY25 on Saturday. The India's largest private lender reported a 5.3% year-on-year increase in consolidated net profit to Rs 16,821 crore, up from Rs 15,

HDFC Bank's net interest income (NII), a key measure of profitability, came in at Rs 30,114 crore, reflecting a 10% year-on-year increase, although slightly below the market expectation of Rs 30,306 crore.