HDFC Bank, India’s largest private sector lender, announced its financial results for Q3FY25, showcasing stable growth in interest income and total income. However, the bank reported a marginal decline in its net profit on a sequential basis.
Key Financial Highlights (Q3FY25):
- Interest Earned: ₹76,006.88 crore, up 2.69% QoQ from ₹74,016.91 crore and 7.69% YoY from ₹70,582.61 crore.
- Other Income: ₹11,453.56 crore, flat QoQ (down 0.25%) from ₹11,482.73 crore and up 2.84% YoY from ₹11,137.04 crore.
- Total Income: ₹87,460.44 crore, a 2.30% QoQ growth from ₹85,499.64 crore and 7.02% YoY growth from ₹81,719.65 crore.
- Operating Expenses: ₹17,106.41 crore, up 1.28% QoQ from ₹16,890.89 crore.
- Operating Profit: ₹25,000.40 crore, a QoQ increase of 1.19% from ₹24,705.74 crore.
- Net Profit: ₹16,735.50 crore, down 0.51% QoQ from ₹16,820.97 crore, but up 2.22% YoY from ₹16,372.54 crore.
Observations:
The bank’s income growth was driven by an increase in interest earned and steady contributions from other income sources. However, rising operating expenses weighed on profitability. Despite the QoQ dip, HDFC Bank’s YoY performance remains strong, reflecting robust operational strength.
TOPICS:
HDFC Bank