HDFC Bank has reported a 6% year-on-year (YoY) increase in its net profit for the second quarter of FY25. The bank’s net profit after tax (PAT) for Q2 FY25 stood at ₹16,820.97 crore, up from ₹15,976.11 crore in the same quarter last year.
This growth in net profit reflects the bank’s strong operating performance, driven by an increase in interest income and effective cost management. The bank’s total income for the quarter was ₹85,949.43 crore, while operating profit before provisions stood at ₹24,705.74 crore, up from ₹22,138.95 crore in Q2 FY24.
Key financial highlights for Q2 FY25 include:
- Total income: ₹85,949.43 crore
- Operating profit: ₹24,705.74 crore
- Net profit (PAT): ₹16,820.97 crore (up 6% YoY)
- Interest earned: ₹74,016.91 crore
- Interest expended: ₹43,909.01 crore
The steady increase in net profit showcases HDFC Bank’s ability to maintain profitability while expanding its lending activities and managing costs effectively. The bank remains well-positioned for sustained growth as it continues to leverage its strong market presence.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before making investment decisions.
