HDFC Bank, India’s largest private sector lender, today announced its financial results for the fourth quarter of the fiscal year 2024-25, showcasing a robust performance across key parameters. The bank reported a significant rise in net profit, coupled with a healthy increase in net interest income (NII), demonstrating its resilience and growth in the current economic climate. Â
For the quarter ended March 31, 2025, HDFC Bank’s profit after tax (PAT) stood at ₹17,616 crore, marking a commendable growth of 6.7% year-on-year (YoY). This figure surpassed analysts’ expectations, highlighting the bank’s strong operational efficiency and effective management strategies. The net interest income (NII), a crucial indicator of a bank’s core profitability, also witnessed a healthy surge of 10.3% YoY, reaching ₹32,070 crore. This growth in NII was primarily driven by a rise in advances and efficient management of interest expenses.
The bank’s net interest margin (NIM), a measure of the profitability of its interest-earning assets, stood at 3.54% on total assets and 3.73% based on interest-earning assets for the reported quarter. Excluding the impact of a ₹700 crore interest on income tax refund, the core NIM was 3.46% on total assets and 3.65% on interest-earning assets.
In a move that will cheer its shareholders, the Board of Directors has recommended a final dividend of ₹22 per equity share of ₹1 each for the financial year 2024-25. This dividend is subject to the approval of the shareholders, and the record date for determining the eligibility of members entitled to receive the said dividend has been fixed as Friday, June 27, 2025.
The bank’s net revenue for Q4 FY25 was reported at ₹44,090 crore, compared to ₹47,240 crore in the corresponding quarter of the previous fiscal year. Other income (non-interest revenue) amounted to ₹12,030 crore, with fee and commission income contributing ₹8,530 crore, up from ₹7,990 crore in the same period last year.
On the asset quality front, HDFC Bank demonstrated stable performance. The gross non-performing assets (GNPAs) stood at 1.33% of gross advances as of March 31, 2025, compared to 1.24% a year ago and 1.42% in the preceding December 2024 quarter. Net NPAs were reported at 0.43% of net advances.
The bank’s deposit base continued to expand, with average deposits for the quarter rising by 15.8% YoY to ₹25.28 lakh crore. Average CASA (current account savings account) deposits stood at ₹8.29 lakh crore, registering a growth of 5.7% YoY. Gross advances as of March 31, 2025, were at ₹26.43 lakh crore, marking a 5.4% YoY increase.
HDFC Bank’s Capital Adequacy Ratio (CAR) remained robust at 19.6% as of March 31, 2025, up from 18.8% in the same period last year, indicating a strong capital position to support future growth. Â
Overall, the Q4 FY25 results of HDFC Bank reflect a steady and positive trajectory, with healthy growth in net profit and NII, stable asset quality, and a dividend announcement that rewards its investors. These results underscore the bank’s strong fundamentals and its ability to navigate the evolving financial landscape. Sources and related content