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

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.

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.

HDFC Bank , India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two to three years, its chief financial officer said on Saturday.

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 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.

MUMBAI: HDFC Bank has reported a street-beating set of numbers with net income rising 5 percent on-year to Rs 16,821 crore, despite the overall stressed assets inching up marginally. The numbers beat Street expectations as brokerages were expecting the largest private sector lender to post Rs 16,

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.