HDFC Bank Q3 results: Rs. HDFC Bank’s net profit rises to Rs 16,735.5 crore

HDFC Bank Q3 results: HDFC Bank Ltd, the country’s largest private bank, on Wednesday announced financial results for the October-December quarter. Net profit increased by 2.2 percent to Rs 16,735.5 crore in the third quarter of financial year 2024-25. Net interest income (NII) increased by 7.68 per cent to Rs 76,006.88 crore. Net interest income in the third quarter of the last financial year was Rs 70,582.61 crore. HDFC Bank’s core revenue as well as total expenses rose 7.55 per cent year-on-year to Rs 62,460.04 crore in the October-December quarter.

hdfc bank npa

In the third quarter (q3 results), HDFC’s gross non-performing assets (NPAs) increased from 1.26 per cent to 1.42 per cent. Net NPA on loans also increased to 0.46 percent from 0.31 percent in the last financial year. Non-performing assets (NPAs) are loans that have stopped generating income for the bank. If the borrower fails to pay interest or principal for 90 days or more then those loans are considered NPA.

HDFC revenue by sector

According to the company’s exchange filing, the bank’s retail banking segment revenue grew 11.11 percent to Rs 71,973.92 crore in the third quarter. However, according to Q3 results data, the bank’s wholesale banking income declined 4 per cent to Rs 47,683 crore compared to Rs 49,743.78 crore on a year-on-year basis. Treasury operating income also increased by 5.2 per cent to Rs 15,428.73 crore in the October-December quarter.

hdfc bank share price

HDFC Bank’s share price was trading 1.43 per cent higher at Rs 1,665.25 at 2:54 pm on Wednesday. Bank shares (share price target) gained momentum after the company announced its third quarter results on January 22. The company’s stock closed at a 52-week high of Rs 1,880 on December 9, 2024 and a 52-week low of Rs 1,363.45 on February 14, 2024. HDFC Bank shares have given investors returns of around 15 per cent in the last one year and over 33 per cent in the last five years. However, the stock is down more than 7 percent on a year-to-date (YTD) basis in 2025.

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