HDFC Bank reported a 7% rise in net profit in the fourth quarter

HDFC Bank reported a nearly 7 per cent rise in net profit in the fourth quarter at Rs 17,616 crore. Mumbai: India’s largest private sector lender HDFC Bank on Saturday reported a 6.7 per cent (year-on-year) rise in standalone net profit in the fourth quarter of FY25 at Rs 17,616 crore. On a sequential basis, net profit grew 5.3 per cent. However, the bank reported a 9.4 per cent decline in operating profit at Rs 26,537 crore as compared to Rs 29,274 crore in the same period last year. Also Read – Market Outlook: Q4 Results, Inflation And Global Economic Data Key Factors For Next Week

The bank’s gross non-performing asset (NPA) ratio declined to 1.33 per cent as compared to 1.42 per cent as on December 31, 2024. The net NPA ratio of the bank stood at 0.43 per cent in the quarter under review as against 0.33 per cent in the previous fiscal.

In absolute terms, gross NPA stood at Rs 35,222.64 crore as on March 31, 2025, as against Rs 36,018.58 crore as on December 31, 2024. It increased from Rs 31,173.32 crore as on March 31, 2024.

HDFC Bank’s net interest income (NII) rose to Rs 32,066 crore, registering a growth of 10.3 per cent year-on-year.

The board of HDFC Bank declared a dividend of Rs 22 per share for the financial year 2024-25. The record date for dividend is June 27.The average deposits of the bank for the March quarter were Rs 25,280 billion, up 15.8 per cent from Rs 21,836 billion in the March 2024 quarter.
The average CASA deposits of the bank for the March quarter were Rs 8,289 billion, up 5.7 per cent from Rs 7,844 billion in the March 2024 quarter.As on March 31, 2025, the bank’s distribution network stood at 9,455 branches and 21,139 ATMs in 4,150 cities/towns, compared to 8,738 branches and 20,938 ATMs in 4,065 cities/towns as on March 31, 2024.Shares of HDFC Bank closed 1.48 per cent higher at Rs 1,905.8 on the NSE on Thursday.