Strong standalone performance in Q3 FY26

HDFC Bank reported a steady set of numbers for the third quarter of FY26. Standalone net profit came in at Rs 18,653.75 crorecompared with Rs 16,735.50 crore in the same quarter last year, registering an 11.46% year-on-year growthwhile profit was largely flat sequentially with a 0.07% QoQ increase.

Net interest income rises YoY

During the quarter, the bank’s net interest income (NII) increased to Rs 32,615 crorecompared with Rs 30,653 crore in the year-ago period. This reflects a 6.4% YoY growth in NIIindicating stable core lending performance despite a challenging interest rate environment.

Consolidated profit shows double-digit growth

On a consolidated basis, HDFC Bank reported a net profit of Rs 19,806.63 crore in Q3 FY26up from Rs 17,656.61 crore in Q3 FY25. This marks a 12.18% YoY risewhile profit increased 1.00% QoQ at the consolidated level.

Asset quality improves year-on-year

Asset quality metrics showed improvement on an annual basis. Gross NPAs stood at 1.24%compared with 1.42% in Q3 FY25and remained unchanged sequentially.

Net NPAs were reported at 0.42%improving from 0.46% YoY and staying flat on a quarter-on-quarter basis, reflecting stable credit quality during the quarter.

Key takeaway from Q3 FY26 results

HDFC Bank’s Q3 FY26 performance was marked by healthy year-on-year profit growth, a 6.4% rise in net interest incomeand improved asset quality compared with last year, while sequential trends remained largely stable.

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