HDFC Bank, India's largest private sector bank, announced its financial results for the third quarter of FY26 on Friday, January 17, 2026. The bank reported a net profit of ₹18,653.75 crore for the quarter ended December 31, 2025, an increase of 11.4% compared to ₹16,735.50 crore in the same period last year. This figure surpassed analysts' estimates of ₹18,473 crore.

The bank's Net Interest Income (NII) for Q3FY26 rose by 6.4% to ₹32,615 crore, up from ₹30,653 crore year-on-year. However, this was slightly below Bloomberg's estimate of ₹32,857 crore. The Net Interest Margin (NIM) was estimated at 3.38%, a slight decrease of approximately 5 basis points from 3.43% in the previous year.

Other key highlights from HDFC Bank's Q3 results include:

• Pre-Provisions Operating Profit (PPOP): Increased by 8.38% to ₹27,097.80 crore, compared to ₹25,000.4 crore in the corresponding quarter of the previous year.
• Other Income (Non-Interest Revenue): Up by 15.7% to ₹13,253.84 crore, from ₹11,453.56 crore year-on-year.
• Gross Advances: Increased by 11.9% year-on-year to ₹28,446 billion as of December 31, 2025. Advances under management grew by 9.8% year-on-year. Retail loans grew by 6.9%, Small and Mid-Market Enterprises loans grew by 17.2%, and Corporate and other wholesale loans grew by 10.3%. Overseas advances constituted 1.7% of total advances.
• Total Deposits: Rose by 11.6% year-on-year to ₹28,601 billion as of December 31, 2025. CASA deposits grew by 10.1%, with savings account deposits at ₹6,617 billion and current account deposits at ₹2,995 billion. Time deposits stood at ₹18,989 billion as of December 31, 2025, an increase of 12.3% over the previous year. CASA deposits comprised 33.6% of total deposits as of December 31, 2025.
• Asset Quality: Remained stable, with the gross NPA flat at 1.24% (QoQ) and net NPA flat at 0.42% (QoQ).
• Provisions: Decreased by 10% to ₹2,838 crore, compared to ₹3,154 crore in the year-ago period.

On Friday, HDFC Bank's share price closed 0.56% higher at ₹931.15 apiece on the Bombay Stock Exchange (BSE).

The board of directors of HDFC Bank met to review and approve the financial results for the third quarter of FY26. The results reflect a strong overall performance, with growth in net profit, NII, and deposits. The bank's asset quality remains robust.