HDFC Bank's Q2 FY 2025-26 Quarterly Results

Result Summary

• HDFC Bank Ltd reported a 10.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.4%.
• Its expenses for the quarter were down by 9.6% QoQ and 7.0% YoY.
• The net profit increased 19.2% QoQ and increased 9.3% YoY.
• The earnings per share (EPS) of HDFC Bank Ltd stood at 12.71 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 one of India's leading banking institutions, known for providing a wide range of financial services including retail banking, wholesale banking, and treasury operations. As a key player in the Indian banking sector, HDFC Bank offers a variety of products such as savings accounts, loans, credit cards, and investment services. The bank operates through a network of branches and ATMs across India, catering to both individual and corporate clients. Recent developments in the banking industry have seen increased focus on digital banking solutions, although specific recent developments for HDFC Bank are not available in the provided data.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), HDFC Bank Ltd's total income was reported at ₹118,560.63 crores. This figure represents a decrease of 10.9% from the previous quarter (Q1FY26), where the total income stood at ₹133,054.97 crores. Compared to the same quarter in the previous fiscal year (Q2FY25), the total income saw a slight decline of 2.4% from ₹121,456.74 crores. This quarterly and yearly comparison highlights the fluctuations in revenue streams, possibly influenced by various macroeconomic factors or changes in market conditions during the respective periods.

Profitability

For Q2FY26, HDFC Bank Ltd recorded a profit before tax of ₹26,658.89 crores, which marks an increase of 27.9% from the previous quarter's ₹20,849.83 crores. On a year-over-year basis, there was an 11.2% rise from Q2FY25's profit before tax of ₹23,968.42 crores. The profit after tax for Q2FY26 was ₹20,363.77 crores, showing a 19.2% increase from Q1FY26's ₹17,090.43 crores, and a 9.3% rise from Q2FY25's ₹18,627.44 crores. Tax expenses for Q2FY26 were ₹6,295.12 crores, up 67.5% from Q1FY26 and 17.9% from Q2FY25, indicating changes in the effective tax rate or adjustments in tax provisions.

Operating Metrics

The earnings per share (EPS) for HDFC Bank Ltd in Q2FY26 was ₹12.71, which represents a significant decrease of 39.8% from the previous quarter's EPS of ₹21.12. Compared to Q2FY25, the EPS declined by 45.4% from ₹23.29. This reduction in EPS may reflect changes in the bank's net income or the number of shares outstanding. Total expenses in Q2FY26 amounted to ₹87,619.91 crores, showing a decline of 9.6% from Q1FY26's ₹96,891.51 crores and 7.0% from Q2FY25's ₹94,219.45 crores. Provisions and contingencies were recorded at ₹4,281.83 crores in Q2FY26, a substantial decrease of 72.0% from Q1FY26 but a 31.0% increase compared to Q2FY25. These figures illustrate the bank's efforts in managing its operational costs and provisioning strategies over the periods in question.