HDFC Bank Q4 result: Net profit up 6.7% YoY; NII rises 10%

India’s largest private lending bank, HDFC Bank on Saturday, reported its fourth quarter results for FY25, wherein its profit after tax was reported at Rs 17,616 crore, up by 6.7% YoY while its net interest income (NII) was up by 10.3% YoY to Rs 32,070 crore.

The PAT stood above the ETNow poll, while the NII was reported in line with the same.

The bank’s net interest margin (NIM) for the quarter stood at 3.54% on total assets and 3.73% based on interest-earning assets. Excluding Rs 700 crore of interest on income tax refund, the core NIM was 3.46% on total assets and 3.65% on interest-earning assets.

The bank has also announced a dividend of Rs 22 per share for its shareholders.

Additionally, HDFC Bank’s net revenue for Q4FY25 stood at Rs 44,090 crore, compared to Rs 47,240 crore in Q4FY24. Other income (non-interest revenue) came in at Rs 12,030 crore, with fee and commission income contributing Rs 8,530 crore versus Rs 7,990 crore a year ago.

Provisions and contingencies declined sharply to Rs 3,190 crore in Q4FY25 from Rs 13,510 crore in the same quarter last year, which had included floating provisions of Rs 10,900 crore.

More to follow....