The consolidated profit after tax for the quarter grew to ₹18,835 crore, up 7% YoY. The consolidated PAT for the year ended March 31, 2025 was ₹70,792 crore, up 10.5% YoY.
| Photo Credit: SHAILESH ANDRADE
HDFC Bank Ltd., India’s largest private sector bank, for the fourth quarter reported 7% growth in standalone net profit at ₹17,616 crore following a 10.3% Year on Year (YoY) growth in Net Interest Income (NII) at ₹32,070 crore in the quarter.
Profit after tax for the year ended March 31, 2025 was ₹67,350 crore, up by 10.7% YoY.
The Board of Directors have recommended a dividend of ₹22 per equity share of ₹1 for the year ended March 31, 2025.
The consolidated profit after tax for the quarter grew to ₹18,835 crore, up 7% YoY. The consolidated PAT for the year ended March 31, 2025 was ₹70,792 crore, up 10.5% YoY.
Net interest margin for the quarter was at 3.54% on total assets, and 3.73% based on interest earning assets.
Excluding ₹700 crore of interest on income tax refund, core net interest margin was at 3.46% on total assets, and 3.65% based on interest earning assets, the bank said in a filing.
Gross advances were at ₹26,43500 crore as of March 31, 2025, an increase of 5.4% YoY
Advances under management grew by 7.7% over March 31, 2024. Retail loans grew by 9% commercial and rural banking loans grew by 12.8% and corporate and other wholesale loans were lower by 3.6%. Overseas advances constituted 1.7% of total advances.
Speaking over a conference call the bank’s Chief Financial Officer Srinivasan Vaidyanathan said loan growth in FY26 would be similar as that of the previous year and there would be more opportunity to grow the retail loan portfolio due to lower penetration levels in the country.
He said since corporates were tapping the capital market for financial resources, there would be more scope in retail lending and in the SME segment.
He said considering current volatile situation due to the tariff war corporates were adopting wait and watch approach. “We acknowledge the volatile situation and remain watchful,” Mr Vaidyanathan said.
On mortgage loans he said not much inventory build up is happening in the middle and lower [affordable] segment as “inflation has consumed the disposable income [of this segment of borrowers].
“But inventory is available in the middle to high segment and loan demand is there,” he said.
The Bank’s average deposits were ₹ 25,28000 crore for the March 2025 quarter, a growth of 15.8% YoY.
Mr. Vaidyanathan said the bank’s credit deposit (CD) ratio for FY25 was 96.5% as against 100% in the previous year. It is expected to be in the range of 85% to 90% in FY27 and would reach the pre-merger level.
Total deposits were at ₹27,14700 crore as of March 31, 2025, an increase of 14.1% over March 31, 2024.
Provisions and contingencies for the quarter ended March 31, 2025 were ₹3,190 crore as against ₹13510 crore (which included floating provisions of ₹10,900 crore) for the quarter ended March 31, 2024.
The Bank’s total Capital Adequacy Ratio (CAR) as per Basel III guidelines was at 19.6% as on March 31, 2025 (18.8% as on March 31, 2024) as against a regulatory requirement of 11.7%.
Gross non-performing assets at ₹35,223 crore [as compared with ₹31,173 crore a year ago] were at 1.33% of gross advances as on March 31, 2025 (1.13% excluding NPAs in the agricultural segment) and 1.24% as on March 31, 2024 (1.12% excluding NPAs in the agricultural segment).
Net non-performing assets at ₹11,320 crore as against ₹8,092 crore a year ago, were at 0.43% of net advances as on March 31, 2025.
Published – April 19, 2025 09:15 pm IST
