HDFC Bank posts ₹20,700 crore net profit in September quarter

HDFC Bank reported a 5.55% rise in consolidated net profit to ₹20,700 crore for the September quarter compared to ₹19,611 crore in the year-ago period. On a standalone basis, the net profit of the country's largest private sector lender grew 4.7% to ₹19,510 crore for the July-September period, according to an exchange filing. The bank's total income rose to ₹97,258 crore from ₹91,040 crore a year ago, while total expenditure grew. Money set aside as provisions and contingencies inched up to ₹3,573.62 crore from ₹3,500 crore previously. Excluding treasury performance, profit after tax showed a year-on-year growth of 12.6%. The gross non-performing assets ratio improved to 1.11% from 1.17% in the previous quarter and 1.24% a year ago, while overall capital adequacy stood at 18.9% as of September 30, 2026, down from 20% a year earlier. Meanwhile, private lender ICICI Bank also reported a net profit of ₹14,843 crore in the second quarter of financial year 2027, marking a 20.1% year-on-year increase from ₹12,359 crore in the same period last year, according to Economic Times - Markets.

Context

Banking sector results like these provide a clear picture of overall credit growth and financial health in the country. Private lenders routinely report quarterly earnings that are closely watched by market analysts to gauge consumer spending and loan default trends.