HDFC Bank Delivers Solid Q3 FY26 Performance: Net Profit Up 11.5% YoY to ₹18,654 Crore

India's largest private sector lender,

Bank, announced robust standalone financial results for the third quarter ended December 31, 2025 (Q3 FY26). The bank reported a net profit of ₹18,654 crore, marking a healthy 11.5% increase year-on-year (YoY) from ₹16,736 crore in the corresponding quarter last year. This growth was driven by steady core earnings, strong deposit mobilization, double-digit loan expansion, and resilient asset quality, despite ongoing margin pressures in a competitive lending environment. Key Financial Highlights Net Interest Income (NII), the bank's core earnings engine, rose 6.4% YoY to ₹32,620 crore from ₹30,650 crore in Q3 FY25. Core Net Interest Margin (NIM) stood at 3.35% on total assets and 3.51% on interest-earning assets. Total revenue (including other income) grew 8.9% YoY to approximately ₹45,870 crore. Gross advances expanded 11.9% YoY to ₹28.45 lakh crore, supported by balanced growth across segments: retail loans up around 9-10%, MSME advances up 17.2%, and wholesale/corporate loans up 10.3%. Deposits showed healthy traction, with end-period deposits at ₹28.6 lakh crore (up 11.6% YoY). CASA deposits grew 10.1% to ₹9.61 lakh crore, maintaining a healthy share of 33.6% in the total deposit mix. The bank's overall balance sheet size grew to ₹40.89 lakh crore from ₹37.59 lakh crore a year earlier.