HDFC Bank’s net profit jumps 4.98% to Rs 19,059.72 crore in Q1 FY27

As of June 30, 2026, the bank's total balance sheet size was Rs 43,97,500 crore, up from Rs 39,54,100 crore on June 30, 2025

Tribune News Service

New Delhi, Updated At : 09:45 PM Jul 18, 2026 IST

Photo for representational purpose only. Reuters file

HDFC Bank on Saturday reported a 4.98 percent year-on-year (YoY) rise in its net profit at Rs 19,059.72 crore in the first quarter of FY27, as compared to Rs 18,155.21 crore posted in the same period last year.

In comparison to the Rs 19,221.05 crore reported in Q4FY26, HDFC Bank's Q1FY27 net profit was flat.

As of June 30, 2026, the bank's total balance sheet size was Rs 43,97,500 crore, up from Rs 39,54,100 crore on June 30, 2025.

For the quarter, the bank's net interest income (NII) was Rs 33,534 crore, up 1 per cent sequentially and 6.7 per cent YoY. On total assets, the net interest margin was 3.26 per cent, while on interest-earning assets, it was 3.40 per cent.

The bank's total income plunged 7.08 per cent YoY to Rs 92,184.38 crore in Q1 FY27 from Rs 99,200.03 crore in the same period previous year.

By the end of June, total deposits had risen 14.7 per cent YoY to Rs 31.71 lakh crore. With Rs 3.76 trillion in savings account deposits and Rs 3.25 trillion in current account deposits, CASA deposits increased by 9.4 percent to Rs 7.01 lakh crore. While the CASA ratio was 32.3 per cent, time deposits increased by 17.4 percent to Rs 21.46 lakh crore.

The average assets under management (AUM) of the bank rose by Rs 2.96 lakh crore, or 10.8 percent YoY.

Earlier, on 15 July, the Reserve Bank of India (RBI) approved the appointment of former Chief Election Commissioner Rajiv Kumar as the Part-time Chairman of HDFC Bank for a period of three years.

The appointment filled the bank's top board position after the resignation of former Part-time Chairman Atanu Chakraborty earlier this year.

According to the bank's earlier exchange filing, Chakraborty stepped down on March 18, 2026, citing that "certain happenings and practices" within the bank were "not in congruence" with his personal values and ethics.

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#DepositsGrowth #HDFCBankResults #RajivKumar #RBIApproval BankingIndia FinancialResults HDFCBank NetProfit NII Q1fy27

HDFC Bank’s net profit jumps 4.98% to Rs 19,059.72 crore in Q1 FY27

As of June 30, 2026, the bank's total balance sheet size was Rs 43,97,500 crore, up from Rs 39,54,100 crore on June 30, 2025

Aditya Rangroo

Tribune News Service

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