HDFC Bank Ltd (HDB) reports a robust 17% profit growth, while navigating elevated deposit rates and strategic loan-to-deposit adjustments.

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

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 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.

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.

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).

The bank’s consolidated revenue grew by 14.7 percent YoY to Rs 76,040 crore for the quarter ended September 30, 2024, from Rs 66,320 crore billion for the quarter ended September 30, 2023.

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's standalone net profit for Q2FY25 increased by 5% to Rs 16,821 crore, with total deposits rising by 15.06% YoY to Rs 25,00,100 crore. The bank's total income for the quarter reached Rs 85,500 crore,

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.