HDFC Bank Q1 FY 2025-26 Quarterly Results
- 1d ago
Result Summary
- HDFC Bank Ltd reported a 7.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 13.7%.
- Its expenses for the quarter were up by 4.4% QoQ and 6.3% YoY.
- The net profit decreased 5.1% QoQ and decreased 0.6% YoY.
- The earnings per share (EPS) of HDFC Bank Ltd stood at 21.1 during Q1FY26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 133054.97 | 124391.35 | 116996.49 | 7.0% | 13.7% |
Total Expenses | 96891.51 | 92819.42 | 91126.03 | 4.4% | 6.3% |
Provisions & contingencies | 15313.63 | 13810.54 | 3143.09 | 10.9% | 387.2% |
Profit Before Tax | 20849.83 | 17761.39 | 22727.37 | 17.4% | -8.3% |
Tax | 3759.40 | -251.48 | 5539.32 | -1594.9% | -32.1% |
Profit After Tax | 17090.43 | 18012.87 | 17188.05 | -5.1% | -0.6% |
Earnings Per Share | 21.10 | 23.10 | 21.60 | -8.7% | -2.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
HDFC Bank Ltd is a leading financial institution in India, offering a wide range of banking and financial services. As one of the largest private sector banks in the country, HDFC Bank provides products and services such as retail banking, wholesale banking, and treasury operations. Retail banking includes personal loans, auto loans, and credit cards, while wholesale banking focuses on services for large corporations, medium-sized enterprises, and small businesses. Treasury operations involve managing the bank's investment portfolio and trading activities. The bank has a strong presence in both urban and rural areas through a robust network of branches and ATMs. Currently, there are no specific recent major developments available for HDFC Bank Ltd in the provided data.
HDFC Bank Revenue
In the first quarter of Fiscal Year 2026 (Q1FY26), HDFC Bank Ltd reported a total income of ₹133,054.97 crores, marking a 7.0% increase from the previous quarter (Q4FY25) where the total income was ₹124,391.35 crores. Compared to the same quarter in the previous year (Q1FY25), where total income was ₹116,996.49 crores, there was a year-over-year growth of 13.7%. This consistent increase in total income over both the quarter-on-quarter and year-on-year periods indicates a positive revenue trajectory for the bank. The growth in total income reflects the bank's ability to effectively generate revenue through its diverse range of financial products and services.
HDFC Bank Profitability
HDFC Bank Ltd's Profit Before Tax (PBT) for Q1FY26 amounted to ₹20,849.83 crores, up by 17.4% from the previous quarter's ₹17,761.39 crores. However, when compared to the same period last year (Q1FY25), where PBT was ₹22,727.37 crores, there was a decrease of 8.3%. The Profit After Tax (PAT) for Q1FY26 was ₹17,090.43 crores, which signifies a decline of 5.1% from Q4FY25's ₹18,012.87 crores and a slight year-over-year decrease of 0.6% from Q1FY25's ₹17,188.05 crores. The Earnings Per Share (EPS) also saw a reduction, standing at ₹21.10 in Q1FY26, down from ₹23.10 in Q4FY25 and ₹21.60 in Q1FY25, reflecting declines of 8.7% quarter-over-quarter and 2.3% year-over-year. These figures illustrate the challenges in maintaining consistent profitability despite the upward trend in total income.
HDFC Bank Operating Metrics
Total expenses for HDFC Bank Ltd during Q1FY26 were ₹96,891.51 crores, which represents a 4.4% increase from the previous quarter's ₹92,819.42 crores and a 6.3% rise from the previous year's Q1FY25 total expenses of ₹91,126.03 crores. The provisions and contingencies for Q1FY26 were ₹15,313.63 crores, a significant quarter-on-quarter increase of 10.9% from ₹13,810.54 crores in Q4FY25. Compared to Q1FY25, the provisions and contingencies rose dramatically by 387.2%. The tax expense for Q1FY26 was ₹3,759.40 crores, a substantial shift from the negative tax of ₹-251.48 crores in Q4FY25, and a decrease of 32.1% from the tax of ₹5,539.32 crores in Q1FY25. These metrics highlight the bank's cost management and provisioning activities, which are pivotal in navigating financial and operational challenges.