HDFC Bank Q3 results: Net profit increased by 2% year-on-year to Rs 16,735.5 million. Net interest income increased by 8%

HDFC Bank Third Quarter Results: HDFC Bank, India’s largest private sector bank, announced its quarterly results for October to December on Wednesday, January 22. The institutional financial institution announced a 2.2% increase in net income. INR16,735.5 million for the third quarter of 2024-25. INRThe previous year was 1,637.2 billion yen.

Net interest income (NII) (the difference between interest received and paid) increased by 7.68%; INRCompare with 76,006,880,000 INRThe same period last year was $70,582.61 million.

In addition to HDFC Bank’s core income, total expenses also increased by 7.55% in the October-December quarter. INR624.64 billion on a year-on-year basis INROne year ago it was 58,072,350,000.

HDFC Bank NPA

A non-performing asset (NPA) is a loan that has ceased to generate income for the bank, which may be the case if the borrower fails to pay interest or principal for more than 90 days.

HDFC’s gross NPAs increased to 1.42% in the third quarter compared to 1.26% in the year-ago period.

Net NPAs on loans also increased to 0.46% YoY from 0.31% in the previous financial year.

HDFC revenue by segment

Revenue at the bank’s retail banking division increased by 11.11%, according to the company’s stock exchange filings. INRThird quarter sales were $71,973.2 billion. INRThe same period last year was $64,774.11 million.

However, third-quarter earnings data also showed that the bank’s wholesale banking revenue declined 4%. INR4,768.3 billion yen (compared to the same period last year) INROne year ago it was 49,743,780,000.

Treasury business income also rose 5.2% in the October-December quarter. INR15,428,730,000 compared to INRAccording to the financial report, sales for the same period last year were $14,664.82 million.

HDFC Bank stock price

HDFC Bank stock is currently trading 1.43% higher. INRIn Wednesday’s trading session, it stood at 1,665.25 as of 2:54 PM IST. INRThe previous closing price was 1,641.75. The lender’s shares rose after the company announced its third-quarter results on Jan. 22.

The company’s stock hit a 52-week high. INRIt was 1,880 on December 9, 2024, a 52-week low. INR1,363.45 on February 14, 2024, as per BSE data.

HDFC Bank stock has given investors nearly 15% returns over the past year and more than 33% returns over the past five years. However, the stock price fell more than 7% on a year-to-date (year-to-date) basis in 2025.

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