Sunday, January 25, 2026

HDFC Bank Q3 profit jumps 12% to ₹19,807 crore

The headquarters of HDFC Bank in Mumbai. File

The headquarters of HDFC Bank in Mumbai. File
| Photo Credit: Reuters

HDFC Bank on Saturday (January 17, 2026) said its consolidated profit jumped 12.17% to ₹19,807 crore in the December quarter.

The city-headquartered lender had reported a consolidated net profit of ₹17,657 crore in the year-ago period and ₹19,611 crore in the preceding September quarter.

On a standalone basis, the profit of the country’s largest private sector lender increased 11.46% to ₹18,653.75 crore for the October-December period.

The core net interest income grew 6.4% to ₹32,600 crore, while the non-interest income came at ₹13,250 crore, as per an exchange filing.

The net interest margin at the overall level stood at 3.35%, it said.

Implementation of the new labour codes led to an impact of ₹800 crore in expenses for the bank during the quarter.

[

Source link

Hot this week

Binance seeks EU MiCA license with Greek subsidiary

Binance, the world’s largest crypto exchange,...

Applied Digital Jumps After Breaking Ground on New AI Factory

Applied Digital (NASDAQ:APLD), a next-generation artificial...

Oppenheimer Questions Valuation of Boston Scientific’s $14.5 Billion Penumbra Deal

Boston Scientific Corporation (NYSE:BSX) is one...

Topics

Related Articles

Popular Categories