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 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.

HDFC Bank, India's largest private sector lender, posted a 5.3% year-on-year (YoY) increase in standalone profit after tax (PAT) for the September 2024 quarter, reaching ₹16,821 crore, surpassing Street expectations.

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 Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong growth in deposits and loans.

The bank reported a net interest income (NII) of Rs 30,110 crore for Q2 FY25, reflecting a 10 per cent increase compared to the same period last year, driven by growth in advances

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.

While the profitability of HDFC Bank is anticipated to remain steady, net interest margin (NIM) is expected to recover gradually.

HDFC Bank reported a net profit of ₹16,820 crore for Q2 FY25, marking a 5% year-on-year growth. Its net interest income rose 10% to ₹30,114 crore, while gross NPAs slightly increased to 1.36%. The bank's asset quality remains stable,

Leading private sector lender HDFC Bank on Saturday reported a net profit of Rs 16,820 crore in the July-September quarter, a growth of 5 per cent from the corresponding quarter last year. Adjusted for trading and mark-to-market gains and tax credits in the prior year,

HDFC Bank , India’s largest private sector lender, has announced a net profit of Rs 16,821 crore for the second quarter of fiscal year 2024-25, reflecting a 5 per cent year-on-year increase and surpassing analysts' expectations.