HDFC Bank, founded in 1994, is the biggest private bank in India in terms of assets and market value. It’s based in Mumbai and provides all sorts of services like loans, credit cards, and banking for both regular people and businesses.
In July 2023, the bank merged with Housing Development Finance Corporation, its parent company, making it even stronger in the financial world.
HDFC Bank Financials
Here’s a detailed table showcasing HDFC Bank’s financial performance, including figures for Q3 (FY25), Q2 (FY25), their Q-o-Q growth, Q3 (FY24), and the corresponding Y-o-Y growth, providing a clear comparison of trends over time.
| Metric | Q3 FY25 | Q2 FY25 | QoQ Growth | Q3 FY24 | YoY Growth |
| Net Revenue | ₹652.8 billion | ₹760.4 billion | 14.2% | ₹717.7 billion | 9.0% |
| Net Profit | ₹167.36 billion | ₹168.2 billion | -0.5% | ₹163.72 billion | +2.2% |
| Net Interest Income (NII) | ₹306.53 billion | ₹301.13 billion | +1.8% | ₹284.7 billion | +7.7% |
| Net Interest Margin (NIM) | 3.43% | 3.46% | -3 basis points | 3.4% | +3 basis points |
| Provisions | ₹31.54 billion | ₹27.0 billion | +16.8% | ₹42.17 billion | -25.2% |
| Gross Non-Performing Assets (GNPA) | 1.42% | 1.36% | +6 basis points | 1.26% | +16 basis points |
| Balance Sheet Size | ₹37,590 billion | ₹36,881 billion | 1.9% | ₹34,926 billion | 10% |
Highlights
- Net Profit Growth: In Q2 FY25, HDFC Bank reported a net profit of ₹16,821 crore, marking a 5% year-on-year increase and surpassing market expectations.
- Net Profit: The slight QoQ decline of 0.5% is primarily due to increased provisions for bad loans, especially in the agricultural sector.
- Net Interest Income (NII): The QoQ growth of 1.8% and YoY growth of 7.7% reflect the bank’s consistent performance in its core lending activities.
- Net Interest Margin (NIM): The marginal QoQ decline of 3 basis points indicates slight compression in lending margins, while the YoY increase of 3 basis points suggests overall stability.
Conclusion
HDFC Bank’s Q3 FY25 results highlight its robust financial standing, driven by consistent Net Interest Income growth and a strong balance sheet.
Despite a slight QoQ dip in Net Profit due to increased provisions, the bank remains a leader in India’s private banking sector. Its performance demonstrates resilience and strategic focus, solidifying its position as a trusted financial institution post-merger with HDFC Ltd.
